Do Kwon, a South Korean entrepreneur, hyped the Luna and TerraUSD cryptocurrencies. Their failures have devastated some traders, though not the investment firms that cashed out early.
Tag: Virtual Currency
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All Those Celebrities Pushing Crypto Are Not So Vocal Now
Crypto boosters such as Matt Damon, Reese Witherspoon and Gwyneth Paltrow have been criticized for hyping virtual currency without highlighting the risks.
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Crashing Crypto: Is This Time Different?
Celebrity endorsements may signal the end of an era.
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Sam Bankman-Fried, Crypto Billionaire, Wants Washington to Follow His Lead
Sam Bankman-Fried is a studiously disheveled billionaire who made a fortune overseeing trades that are too risky for the U.S. market. Now he wants Washington to follow his lead.
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Will Crypto Play a Role in Funding Abortion Access?
Activists and nonprofits are considering digital currencies as a way to raise funds. But can they really do anything other payment methods can’t?