Do Kwon Faces Fresh $57 Million Lawsuit from Investors

Do Kwon, the founder of Terraform Labs, is now the target of a lawsuit which was has been filed by more than 350 aggrieved investors, who lost nearly $57 Million in the UST de-pegging event. The class action lawsuit alleges that Kwon & his subordinates intentionally misrepresented the price stability of its UST stablecoin. Investors

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Author: toutiao