The Terra-LUNA fiasco was still in the spotlight when the Terraform Labs CEO, Do Kwon, became the center of yet another controversy. Quoting a former Terraform Labs engineer, CoinDesk reported that Kwon was one of the pseudonymous co-founders of the failed algorithmic stablecoin Basis Cash (BAC). Of the two BAC co-founders — “Rick and Morty,” Kwon […]The post ‘Terraform Labs CEO And His Connection To Basis Cash, Another Algorithmic Stablecoin Project That Failed’ appeared first on Vauld Insights.
