Prosecutors Looking Into Whether to Bring Ponzi Fraud Charges Against Terraform CEO Kwon

SEOUL, May 20 (Korea Bizwire) — Prosecutors are looking into whether to bring Ponzi fraud charges against CEO Do Kwon of Terraform Labs, sources said Friday, a day after investors sued him over the shocking crash of the firm’s two cryptocurrencies. In a crash starting last week, Terraform’s two main tokens, TerraUSD and sister coin [...]