MyConstant Founder to Pay $10.5M Over SEC Claims of Misusing Investor Funds for TerraUSD Purchases
The founder of the now-defunct crypto lending platform MyConstant, Huynh Tran Quang Duy—also known as Duy Huynh—has agreed to a $10.5 million settlement with the U.S. Securities and Exchange Commission (SEC) over allegations that he misused investor funds to purchase TerraUSD (UST) before its dramatic collapse in 2022. According to ...