Thursday, May 19, 2022

How a Trash-Talking Crypto Founder Caused a $40 Billion Crash

 How a Trash-Talking Crypto Founder Caused a $40 Billion Crash

Do Kwon, a South Korean entrepreneur, hyped the Luna and TerraUSD cryptocurrencies. Their failures have devastated some traders, though not the investment firms that cashed out early.

TerraUSD founder Do Kwon mocked an economist for being 'poor' after she criticized his cryptocurrency — which is now collapsing