The post Do Kwon Hit With A New Lawsuit Worth $56.9 Million Over Terra Crash appeared first on Coinpedia Fintech News
Do Kwon, founder of Terraform Labs, is currently the target of a new class action lawsuit in Singapore over his involvement in the May Terra (LUNA) catastrophe. Over 300 plaintiffs have filed a $56.9 million lawsuit against Kwon, alleging that he misled them into thinking that the Terra ecosystem stablecoin TerraUSD was intended to maintain …
