The man detained in Montenegro is allegedly Kwon Do-hyeong, also known as Do Kwon, the disgraced founder of a cryptocurrency firm that went bankrupt. He is wanted in both South Korea and the United States on charges of fraud and other offences, according to Interpol.Continue Reading

It was learnt in mid March that Do Kwon, founder of Terraform Labs and Ethereum layer 1 blockchain competitor Terra, was planning to accumulate US$10 billion worth of Bitcoin (BTC) to add to the project’s stablecoin reserves.   $UST with $10B+ in $BTC reserves will open a new monetary era of the Bitcoin standard. P2P...Continue Reading