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CoinGape 2022-10-29 01:36:28

Do Kwon Faces Fresh $57 Million Lawsuit from Investors

Do Kwon, the founder of Terraform Labs & creator of the algorithmic stablecoin UST, is now the target of a lawsuit in Singapore which was filed by more than 350 aggrieved investors who lost nearly $57 Million in the UST de-pegging event. The class action lawsuit alleges that Kwon & his subordinates intentionally misrepresented the The post Do Kwon Faces Fresh $57 Million Lawsuit from Investors appeared first on CoinGape.

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