The Securities and Exchange Commission (SEC) on Thursday charged Terraform Labs and its CEO Do Hyeong Kwon with plotting a multi-billion dollar crypto asset securities scheme using an algorithmic stablecoin and other crypto asset securities. According to the SEC complaint, Terraform and Kwon raised billions of dollars from investors between April 2018 and May 2022 … Continue reading Kwonzi Scheme: SEC Charges Terraform, CEO Do Kwon For $40-Billion Dollar Fraud