Do Kwon is a South Korean entrepreneur best known as the co-founder and former CEO of Terraform Labs, the blockchain firm that launched the TerraUSD stablecoin and Luna cryptocurrency. In May 2022, the collapse of TerraUSD and Luna wiped out billions in investor value, triggering global scrutiny of stablecoins and crypto regulation. Kwon has faced legal challenges in multiple jurisdictions related to the fallout from the crash.