Do Kwon’s Crypto Empire Collapsed After Promising 20% Yields

The post says the Terra founder built a roughly $40 billion crypto business on market confidence before it unraveled within days and led to his imprisonment.

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Terms & Concepts
  • Yield: The return investors earn on an asset, often expressed as a percentage of the amount deposited or invested.
  • Crypto empire: A broad term for a large digital-asset business or network of related crypto projects with substantial market value.
  • Market confidence: Investor trust that supports asset prices, capital inflows, and continued participation in a financial system or project.