Do Kwon
Terraform Labs Co-founder Do Kwon Extradition Approved by Montenegro Supreme Court
Montenegro’s Supreme Court has ruled that Terraform Labs co-founder Do Kwon is eligible for extradition, according to a local source. The final decision now rests with the Minister of Justice,...
Supreme Court Postpones Do Kwon’s Extradition to South Korea
The Supreme Court of Montenegro has postponed the extradition of Do Kwon, the co-founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor’s Office (VDT)...
SEC vs. Terra: The Biggest Crypto Settlement in History?
Terraform Labs founder Do Kwon is facing a growing legal maelstrom; a $57 million lawsuit filed by Singaporean investors in October 2022 just the latest blow, adding to Kwon’s woes...
Montenegro Court Approves Do Kwon’s Extradition to South Korea
Bloomberg reports that the Montenegro Appellate Court has approved the extradition of Do Kwon, the co-founder of Terraform Labs, to South Korea to face charges related to the TerraUSD collapse....
Terra Luna Classic Considers Raising Burn Tax to Boost Token Value
LUNC users are closely monitoring how a proposed increase in the project’s on-chain burn tax rate could impact the LUNC price. The ongoing debate surrounding the LUNC burn tax proposal...
The Ghost of Terra: USTC’s Struggle to Regain $1 Peg
Three years after the implosion of the Terra ecosystem, the algorithmic stablecoin TerraUSDClassic (USTC) remains far from its intended $1 peg, raising questions about the viability of algorithmic stablecoins and...
Terra’s $4.5 Billion Fine: A Warning Shot to Crypto Fraudsters
In a decisive move against fraud in the cryptocurrency sector, a federal judge has approved a $4.5 billion settlement between the Securities and Exchange Commission and Terraform Labs, along with...
Terra Labs Settles with SEC for $4.47B (Do Kwon Banned)
Terraform Labs, the company responsible for the implosion of the TerraUSD stablecoin and its sister token LUNA, has agreed to a $4.47 billion settlement with the U.S. Securities and Exchange...
Terraform Labs and Do Kwon Challenge the Proposed $5.3B Penalty: Report
According to a recent Bloomberg report, Terraform Labs and its founder, Do Kwon, challenged the huge $5.3 billion penalty proposed by the Securities and Exchange Commission (SEC) in the lawsuit....
US or South Korea – Who Gets The Terraform Founder?
According to reports, the Podgorica High Court in Montenegro has approved the extradition of Do Kwon, a prominent figure in the Terra Luna crash. The court fulfilled its part of...
Do Kwon To Move From Prison to House Arrest Amid Extradition Postponement
Authorities in Montenegro have announced plans to release Terra (LUNA) founder Do Kwon from prison soon. According to the announcement, Kwon would leave the prison but remain under house arrest....
US Bankruptcy Judge Authorizes Terraform Labs’ Legal Hire of Dentons
In a legal development, Terraform Labs has secured approval from a U.S. bankruptcy judge to appoint Dentons for its defense against a lawsuit filed by the U.S. SEC. This decision...
SEC vs. Do Kwon: LUNC and USDC in the Crosshairs
The cryptocurrency market is experiencing significant volatility, and coming events suggest the trend will continue in March. One notable expectation is the commencement of trials between the U.S. Securities and...
Do Kwon’s Lawyer Accuses Court of ‘Numerous Unanticipated Mistakes’
Recent reports highlighted Terraform Labs Co-Founder Do Kwon’s potential failure to appear for the initial day of the upcoming civil trial on March 25. Kwon’s lawyer David Patton hinted at...
Terraform Says Bankruptcy Case Vital in Appealing SEC’s Fraud Lawsuit
Terraforms said bankruptcy proceedings will help appeal the SEC’s lawsuit. Terraforms filed for bankruptcy last week and will have its first day of hearing today. The company can avoid costs...
SEC Agrees to Push Do Kwon’s Trial, Awaits Judge Rakoff’s Decision
In a recent development in the SEC-Terraform legal tussle, the Securities and Exchange Commission has agreed to delay the civil trial involving Terraform Labs and its co-founder, Do Kwon. The...
Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea
Montenegro’s justice minister will decide on Do Kwon’s extradition. Do Kwon is serving a four-month prison term in the country for document forgery. A Montenegro court said requirements for Do...
Do Kwon Should Be Jailed Based on Leaked Conversation: Neuner
Ran Neuner thinks that Do Kwon should be jailed for a long time. Neuner expressed his disappointment with Kwon, after supporting him for a long time. Kwon was involved in...
Impossible To Extradite Do Kwon To The US: Terraforms Labs’ Lawyers
A court filing by Terraform Labs’ legal defense team from September 27 has surprised the community as the lawyers claimed that “it would be impossible for Mr. Kwon” to be...
Terraform Labs Appoints New CEO Amid Do Kwon’s Legal Woes
Terraform Labs, the crypto firm whose implosion triggered the crypto winter last year, has appointed a new Chief Executive Officer to take charge of the defunct firm’s operations. Chris Amani...
Do Kwon Sentenced to Jail and South Korea Tightens Crypto Laws
South Korea has recently approved its first independent digital-asset bill aimed at enhancing investor protection. In related news, Do Kwon has been sentenced to jail for four months after attempting...
Do Kwon Awaits Imprisonment in Both the US and South Korea
Dan Sunghan, a senior South Korean prosecutor declared that Do Kwon, the ill-famed CEO of the crypto exchange Terraform Labs might be imprisoned for a long period both in South...
Terra Founder Do Kwon and CFO’s Bail Revoked, Next Hearing Looms
In a shocking twist to the Terra-Luna saga, the high court of Montenegro’s capital city has dealt a heavy blow to the embattled CEO of Terraform Labs, Do Kwon, and...
Binance Must Cooperate with Prosecutors to Track Do Kwon: Investigator
Evan Spicer, a director of crypto investigations at MyChargeBack, told Korean media that Binance, the largest crypto exchange, has no choice but to cooperate with local prosecutors in tracking funds...
