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The Daily Hodl
2023-02-18 19:45:57

U.S. SEC Officially Charges Disgraced Terra (LUNA) Founder Do Kwon With ‘Defrauding Investors in Crypto Schemes’

U.S. SEC Officially Charges Disgraced Terra (LUNA) Founder Do Kwon With ‘Defrauding Investors in Crypto Schemes’

The U.S. Securities and Exchange Commission (SEC) is charging the founder of embattled stablecoin issuer Terra (LUNA) with defrauding investors in “crypto schemes.” In a new press release, the SEC is formally announcing charges against Do Kwon, the disgraced former chief executive of Terra, for allegedly masterminding a multi-billion-dollar fraud scheme centered around Terra’s now-defunct The post U.S. SEC Officially Charges Disgraced Terra (LUNA) Founder Do Kwon With ‘Defrauding Investors in Crypto Schemes’ appeared first on The Daily Hodl .

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