The $40 billion crash of Kwon’s TerraUSD and Luna coins triggered a cascade of company failures across the crypto sector.

Crypto entrepreneur Do Kwon received a 15-year prison sentence on December 11 after he pleaded guilty to fraud relating to ...

Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.

The founder of Terraform Labs has a plan to revive the broken blockchain. However, Terraform Labs founder Do Kwon has a plan to revive the broken blockchain, and optimism surrounding that plan has ...

On Monday, Gizmodo showed you how much money you have today if you invested in various cryptocurrencies six months ago. All the top cryptocurrencies, like Bitcoin and Ether, were down big, except for ...

If you put $1 under your mattress, you know you’ll get $1 back when you go looking for it. When you deposit $1 with a bank, you can be pretty sure you’ll get it back even if they do more with it than ...

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Luna is down 99% Thursday, falling to under $0.02 per coin. The cryptocurrency is linked to stablecoin TerraUSD, which lost its US dollar peg this week. Luna and Terra's slide come as cryptocurrency ...