Do Kwon, the creator of defunct cryptocurrencies TerraUSD and LUNA, is now the subject of criticism and investigation after the failure of his enterprise sparked a significant market-wide catastrophe this week. The founder of the tokens is known for his active social media campaign; nevertheless, he has been uncharacteristically silent over the past few days […]
This week, chaos broke out across the crypto market leaving investors in LUNA with extreme losses. Horror stories are beginning to spread regarding the aftermath. Specifically, there have been widespread reports of suicide related to the crash. As such, we wanted to take a break from our normally scheduled content to put a spotlight on […]
A society built on endless war is only possible given the power to print endless money to finance it.
A federal grand jury in San Diego charged the founder of a cryptocurrency startup Friday in a broad indictment that claims he cheated investors of more than $2.4 billion in a Ponzi scam. Prosecutors say the fraud is the largest of its sort ever prosecuted criminally. Satish Kumbhani, 36, of Hemal in Gujarat, India, swindled […]