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Hodler’s Digest, May 15-21 -Breaking

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Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21

Do Kwon dissolved Terraform Labs Korea just days before the LUNA crash, according to court records

According to legal documents, the Terraform Labs founder dissolution two locations of Terraform Labs in South Korea and Terraform Labs Korea just before the LUNA/UST collapse. The timing of the dissolution was questioned by the cryptocurrency community, even though the decision was taken at an April 30 shareholders meeting.

It was not surprising that the markets continued to be affected by the Terras collapse this week. South Korea’s governmentDo Kwon is currently looking into the situation. Call to be summoned for a parliamentary hearing.

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