Do Kwon is the South Korean co-founder of Singapore-based Terraform Labs, which gained worldwide media attention in May 2022 after its stablecoin TerraUSD and cryptocurrency Luna collapsed. The Terra/Luna collapse wiped out nearly $45 billion of market capitalization in one week, causing billions of losses for investors.
South Korean courts issued a warrant for Do Kwon in September 2022, but he evaded police until March 2023 at which point he was arrested trying to leave Montenegro with falsified documents. Do Kwon was subsequently charged in the US with securities fraud, wire fraud, conspiracy, and several other counts.
Do Kwon in the News
Do Kwon is sentenced to 4 months in jail
2023/06/20
Do Kwon is arrested in Montenegro
2023/03/24
LUNA price crashes as billions of tokens are minted in an attempt to maintain the UST peg
2022/05/12
Terra’s UST stablecoin breaks its $1 peg
2022/05/09
LUNA hits an all time high of ~$118.85
2022/04/05
Mike Novogratz gets a LUNA tattoo on his left arm after promising he would when LUNA hits $100
2022/01/04
Mike Novogratz agrees to getting a LUNA tattoo when it reaches $100
2021/05/26
Interviews with Do Kwon
- 2022-10-18: Unchained Crypto, Do Kwon of Terra: 'It Was Never Really About Money or Fame or Success' - Ep. 408
- 2021-06-03: Ark Invest - The Terra Blockchain with Do Kwon
Do Kwon FAQ
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Where is Do Kwon now?
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Is Do Kwon broke?
Do Kwon Links
- Medium
- 𝕏 (Twitter)