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

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

Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Visit coindesk.com/consensus2022 to get your pass today.

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