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

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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 informed The Wall Street Journal.

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