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Terraform Labs CEO Do Kwon’s History Behind Another Failed Stablecoin

The most valuable crypto stories for Wednesday, May 11, 2022.
CoinDesk Podcast Network
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On today’s episode of “The Hash,” our panel of experts tackles the hot topics of the day. UST and Luna continue to be in turmoil, and now ex-Terra colleagues are saying that Terraform Labs CEO Do Kwon was also behind another algorithmic stablecoin that struggled. Coinbase (COIN) shares are sinking after its first-quarter earnings report and outlook. We’ll have all the latest on these stories and more.

See also:

UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex-Terra Colleagues Say

Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution


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This episode has been edited by Michele Musso. Our Executive Producer is Jared Schwartz. Our theme song is “Neon Beach.”