terra
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PayPal Dives Into Crypto Madness With Dollar-Pegged Stablecoin
PayPal is diving into the messy world of crypto with a new stablecoin pegged to the US dollar, aptly and uninventively named PayPal USD. The company’s entrance into the industry comes at a time of deep regulatory uncertainty as federal agencies and lawmakers continue to grapple with the fallout of multiple major crypto implosions last…
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Detained Crypto Fugitive Do Kwon Faces Extradition to U.S. and South Korea
Terra co-founder Do Kwon, the man who arguably started the crypto collapse last year who was definitely not on the lam, was finally arrested Thursday. Now there are multiple countries, including Montenegro, South Korea, and the U.S. who are calling dibs on the failed crypto founder, making him a far more desirable commodity than any…
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On the Run Terra Founder Do Kwon Reportedly Traced to Serbia
The once-famed and now notorious crypto founder Do Kwon’s “totally unprompted” world tour now has him holed up in Serbia, according to reports citing the South Korean prosecutor’s office tasked with arresting the 31-year-old.
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Police Issue Arrest Warrant for Crypto CEO Do Kwon Following Implosion of TerraUSD
Over four months after the collapse of TerraUSD tore down the crypto marketplace, South Korean police are currently on the hunt for Do Kwon (and other top people behind Terraform Labs) over allegations of fraud and tax evasion.