Terra/Luna collapse

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Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea

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In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody in Montenegro since March 2023 for attempting to travel with a fake passport, faces criminal charges in South Korea related to the $40 billion collapse … Read more

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis

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According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application download statistics gathered by BIS researchers suggest that most median retail crypto … Read more