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US prosecutors charge crypto Terra founder Do Kwon with fraud following his Montenegro arrest

US fraud prosecutors charged Terraform Labs CEO Do Kwon with an eight-count indictment, including s…

Zinya Salfiti   


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A person suspected to be crypto developer Do Kwon arrested in Montenegro months after the collapse of TerraUSD

An official in Montenegro said a person suspected to be TerraUSD developer Do Kwon was arrested Thu…

Carla Mozée   


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Terra’s Do Kwon accused of siphoning funds from network before the crash, again

A host of users, led by a Twitter user called FatManTerra, have accused the founder of draining the…

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2 mins read

The SEC has accused fugitive Terraform founder Do Kwon of multibillion-dollar crypto fraud linked to TerraUSD's collapse

The collapse of TerraUSD last year shook the digital-asset industry to its core after it lost its 1…

Zahra Tayeb   


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Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch

The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…

Zahra Tayeb   


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2 mins read

The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes

Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…

Zahra Tayeb   


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Luna founder proposes hard fork to correct design flaws in ecosystem

Luna’s founder wants to make changes to the blockchain platform in hopes of correcting possible fla…

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

Crypto entrepreneur Do Kwon's TerraUSD and luna tokens are crumbling, despite his insistence that c…

Harry Robertson   


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Terra founder Do Kwon faces an arrest warrant in South Korea for alleged capital markets law violations

A court in Seoul issued the warrant for Do Kwon and five others, according to a text message from t…

Phil Rosen   


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Polygon and Binance swoop in to rescue projects running on Terra

Two of the largest blockchain players in the world are coming to the aid of projects that were buil…

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3 mins read

Despite recent apologies and reassurances, documents leaked to Vox show OpenAI pressured departing employees over equity

A new Vox report questions Sam Altman's claim that he "did not know this was happening." He said Op…

Sarah Gray,Erin Snodgrass   


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4 mins read

More people may never own a home they're the 'forever renters'

Some people can't afford to buy a property, and others don't want the hassle. But renters have less…

Theron Mohamed   


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2 mins read

Silicon Valley moguls are weighing in on Elon Musk's battle with OpenAI, and it's getting cattier than a 'Real Housewives' reunion

The OpenAI investor Vinod Khosla said Musk's lawsuit "feels like a bit of sour grapes."

Kwan Wei Kevin Tan   


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OpenAI is 'optimistic' that it can bring ousted CEO Sam Altman and other senior figures back, The Information reported

A day after Sam Altman was pushed out of his role, Chief Strategy Officer Jason Kwon told employees…

Lloyd Lee   


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The disgraced cofounder of failed crypto company Terraform Labs will remain in jail after his bail was reportedly revoked in Montenegro

Do Kwon is facing a charge of allegedly forging a passport after trying to fly from Montenegro to D…

Morgan Chittum   


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3 mins read

Sam Altman kicked off a flood of ❤️ emoji posts from OpenAI executives. Can someone just tell us if he's coming back or not?

Altman and other OpenAI executives posted cryptic tweets amid talk that he could return as CEO.

Kali Hays   


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Terra cofounder Daniel Shin targeted for arrest again in South Korea's crypto crackdown

South Korean prosecutors are doubling down on efforts to arrest Terra's Daniel Shin, following frau…

Zinya Salfiti   


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SBF's conviction is the final nail in the coffin for crypto bros hoping to get rich quick

Sam Bankman-Fried was found guilty of all seven charges. Crypto's future lies in regulation, spelli…

Pete Syme   


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The legal debate on whether cryptocurrencies are subject to SEC rules just got more complicated

US District Judge Jed Rakoff wrote that the Securities and Exchange Commission has plausible reason…

Filip De Mott   


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3 mins read

Why a plastic surgeon says that he turns away half of people asking for buccal fat removal

Buccal fat removal is incredibly popular right now — but the sunken-cheek look may not age well.

Madeline Kennedy