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Do Kwon’s Crypto Empire Fell in a $40 Billion Crash. He’s Got a New Coin for You.

Do Kwon used swagger and a cultlike Twitter following to construct a cryptocurrency empire that collapsed final month in a $40 billion crash. Now, regardless of indignant traders, authorities investigations and a crypto-market downturn, the South Korean entrepreneur is trying a comeback.

“I have great confidence in our ability to build back even stronger than we once were,” Mr. Kwon advised The Wall Street Journal.

Related Topics:banking Banking/Credit Billion C&E Executive News Filter CA:GLXY COIN Coinbase Ventures Content Types corporate Corporate/Industrial News Cory Klippsten crash credit Crypto cryptocurrencies Daniel Shin Do Kwon Empire entrepreneurs Entrepreneurs/Startups Factiva Filters Fell Financial Services Financial Technology Galaxy Digital Holdings GLXY.T Hes industrial news Kwons Mati Greenspan medium businesses Mike Novogratz Ronald AngSiy small Small/Medium Businesses startups SYND Tech Technology Terraform Labs virtual currencies Virtual Currencies/Cryptocurrencies WSJ-PRO-WSJ.com

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