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Crypto Crisis Latest: SEC Charges Do Kwon, Banks Retrench, Bitcoin Price Slips
linkweb3
2023-02-17
3403
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Summary：The Securities and Exchange Commission has leveled fraud charges against Do Kwon, the founder of the failed cryptocurrencies TerraUSD and Luna. Late Thursday, the regulator alleged that Mr. Kwon and his company misled U.S. investors who bought billions of dollars’ worth of his tokens. The two cryptocurrencies [collapsed last May](https://www.wsj.com/articles/terrausd-crash-led-to-vanished-savings-shattered-dreams-11653649201), helping spark the broader crypto rout. Here's our latest coverage of
The Securities and Exchange Commission has leveled fraud charges against Do Kwon, the founder of the failed cryptocurrencies TerraUSD and Luna. Late Thursday, the regulator alleged that Mr. Kwon and his company misled U.S. investors who bought billions of dollars’ worth of his tokens. The two cryptocurrencies [collapsed last May](https://www.wsj.com/articles/terrausd-crash-led-to-vanished-savings-shattered-dreams-11653649201), helping spark the broader crypto rout. Here's our latest coverage of
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