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Do Kwon's alleged $80 million withdrawals before Terra fallout triggers mixed reactions

Analyst Michaël van de Poppe said that the Terra founder deserves jail, comparing Kwon to fraudster Bernie Madoff, who was jailed after running a Ponzi scheme.

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Do Kwon's alleged $80 million withdrawals before Terra fallout triggers mixed reactions

Analyst Michaël van de Poppe said that the Terra founder deserves jail, comparing Kwon to fraudster Bernie Madoff, who was jailed after running a Ponzi scheme.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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