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Crypto Market Crash

All articles tagged with #crypto market crash

business5 months ago•2 min saved

Crypto Founder Do Kwon Pleads Guilty to Fraud in $40 Billion Collapse

Do Kwon, the creator of the Luna and TerraUSD cryptocurrencies that collapsed in 2022 causing a $300 billion market crash, pleaded guilty to fraud charges in New York, admitting to misleading investors and facing potential up to 12 years in prison as part of a plea deal.

via The New York Times|

#business #crypto-market-crash #cryptocurrency-fraud

finance5 months ago•4 min saved

Crypto Market Dips Amid Trump Tariffs and Bitcoin Concerns

Bitcoin has experienced a sharp decline, dropping nearly 10% and wiping out $300 billion from the crypto market amid fears of a major crash, influenced by economic concerns, trade tensions, and seasonal trends, despite some institutional optimism about its long-term potential.

via Forbes|

#bitcoin #crypto-market-crash #dollar300-billion-loss