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Crypto Mogul Do Kwon Sentenced To 15 Years In $40 Billion Fraud
The 34-year-old's Terraform Labs created a cryptocurrency called TerraUSD that was marketed as a "stablecoin," a token that is pegged to stable assets such as the US dollar to prevent drastic fluctuations.
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Disgraced Crypto Mogul Do Kwon Pleads Guilty To Fraud Over $40 Billion Terraform Collapse
South Korean cryptocurrency specialist Do Kwon pleaded guilty to fraud charges in front of a New York judge on Tuesday following his firm's multi-billion-dollar bankruptcy, court filings showed.
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"Crash Icy Asteroids Into Mars": Scientist's Plan To Make Mars Liveable For Humans
Dr Leszek Czechowski proposes a radical approach to terraform Mars by crashing asteroids into the planet.
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US SEC Agrees to Delay Terraform Labs' $40-Billion Crypto Fraud Trail for Do Kwon's Extradition
The US Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion cryptocurrency fraud, so that Kwon can be extradited and attend.
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US SEC Plans to Appeal Recent Crypto Decision on Ripple Labs
The US Securities and Exchange Commission plans to appeal a recent court decision involving Ripple Labs that was a setback for the agency's efforts to oversee cryptocurrency markets. The SEC said an appeal could address legal issues on which there was "substantial ground for differences of opinion."
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TerraUSD Founder Do Kwon Indicted in US Following Montenegro Arrest
Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,28,500 crore) or more last year, has been charged with fraud by US prosecutors. An eight-count indictment against Kwon was made public in the US District Court in Manhattan, several hours after news of his arrest earlier Thursda...
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Crypto Founder Do Kwon Indicted In US Following Montenegro Arrest
Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, has been charged with fraud by U.S. prosecutors.
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Terraform Founder Do Kwon Charged for Forging Documents by Montenegrin Police
Montenegrin police on Friday formally charged Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,29,500 crore) or more last year, for forging official documents after arresting him on Podgorica airport.
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Terraform Founder Do Kwan Arrested in Montenegro, South Korea to Seek Extradition of Crypto Fugitive
South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.
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Do Kwon, Terraform Labs Charged With 'Orchestrating Multi-Billion Dollar Crypto Asset Securities Fraud'
Wanted Terra founder Do Kwon and Terraform Labs have been charged with "orchestrating a multi-billion dollar crypto asset securities fraud," the US Securities and Exchange Commission said on Thursday. Terraform Labs' collapse last year wiped out about $40 billion (roughly Rs. 3,31,166 crore) of investors' money and shook global crypto markets.
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Terra Founder Do Kwon Asked to Surrender His Passport by South Korean Authorities
South Korea is set to strip Terraform Labs founder Do Kwon of his passport, intensifying pressure on the fallen entrepreneur to return to the nation and face charges over a $60 billion (roughly Rs. 4,92,800 crore) crypto crash.
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South Korean Court Issues Warrant Against Terra's Do Kwon, Five Other Affiliates: Report
South Korean prosecutors investigating the collapse of Terra-LUNA have issued an arrest warrant for Terraform Labs cofounder and chief executive officer Kwon Do-hyung, also known as Do Kwon.
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Terraform Labs, Do Kwon Get Hit by Another Class-Action Lawsuit in the US
Another class action lawsuit emerged in the US against Terraform Labs and its co-founder, Do Kwon. They have been accused of selling unregistered securities and making false statements about the stability of the TerraUSD (UST) stablecoin and its related LUNA token.
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South Korea Hits Dozens With Travel Bans Amid Terraform Labs Crypto Probe
South Korean prosecutors have barred dozens of people connected to Terraform Labs from leaving the country as they expand an investigation into a $40 billion collapse of the company’s cryptocurrency that devastated traders around the world.
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South Korea's Government Plans New Digital Assets Oversight Committee in the Wake of Terra Collapse
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea was the most concerned country of them all. Amid signs that Terraform Labs co-founder Do Kwon was facing legal trouble in South Korea, the country’s ruling party has announced that it would launch a new Digital Asset Comm...
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Crypto Mogul Do Kwon Sentenced To 15 Years In $40 Billion Fraud
The 34-year-old's Terraform Labs created a cryptocurrency called TerraUSD that was marketed as a "stablecoin," a token that is pegged to stable assets such as the US dollar to prevent drastic fluctuations.
-
Disgraced Crypto Mogul Do Kwon Pleads Guilty To Fraud Over $40 Billion Terraform Collapse
South Korean cryptocurrency specialist Do Kwon pleaded guilty to fraud charges in front of a New York judge on Tuesday following his firm's multi-billion-dollar bankruptcy, court filings showed.
-
"Crash Icy Asteroids Into Mars": Scientist's Plan To Make Mars Liveable For Humans
Dr Leszek Czechowski proposes a radical approach to terraform Mars by crashing asteroids into the planet.
-
US SEC Agrees to Delay Terraform Labs' $40-Billion Crypto Fraud Trail for Do Kwon's Extradition
The US Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion cryptocurrency fraud, so that Kwon can be extradited and attend.
-
US SEC Plans to Appeal Recent Crypto Decision on Ripple Labs
The US Securities and Exchange Commission plans to appeal a recent court decision involving Ripple Labs that was a setback for the agency's efforts to oversee cryptocurrency markets. The SEC said an appeal could address legal issues on which there was "substantial ground for differences of opinion."
-
TerraUSD Founder Do Kwon Indicted in US Following Montenegro Arrest
Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,28,500 crore) or more last year, has been charged with fraud by US prosecutors. An eight-count indictment against Kwon was made public in the US District Court in Manhattan, several hours after news of his arrest earlier Thursda...
-
Crypto Founder Do Kwon Indicted In US Following Montenegro Arrest
Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, has been charged with fraud by U.S. prosecutors.
-
Terraform Founder Do Kwon Charged for Forging Documents by Montenegrin Police
Montenegrin police on Friday formally charged Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,29,500 crore) or more last year, for forging official documents after arresting him on Podgorica airport.
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Terraform Founder Do Kwan Arrested in Montenegro, South Korea to Seek Extradition of Crypto Fugitive
South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.
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Do Kwon, Terraform Labs Charged With 'Orchestrating Multi-Billion Dollar Crypto Asset Securities Fraud'
Wanted Terra founder Do Kwon and Terraform Labs have been charged with "orchestrating a multi-billion dollar crypto asset securities fraud," the US Securities and Exchange Commission said on Thursday. Terraform Labs' collapse last year wiped out about $40 billion (roughly Rs. 3,31,166 crore) of investors' money and shook global crypto markets.
-
Terra Founder Do Kwon Asked to Surrender His Passport by South Korean Authorities
South Korea is set to strip Terraform Labs founder Do Kwon of his passport, intensifying pressure on the fallen entrepreneur to return to the nation and face charges over a $60 billion (roughly Rs. 4,92,800 crore) crypto crash.
-
South Korean Court Issues Warrant Against Terra's Do Kwon, Five Other Affiliates: Report
South Korean prosecutors investigating the collapse of Terra-LUNA have issued an arrest warrant for Terraform Labs cofounder and chief executive officer Kwon Do-hyung, also known as Do Kwon.
-
Terraform Labs, Do Kwon Get Hit by Another Class-Action Lawsuit in the US
Another class action lawsuit emerged in the US against Terraform Labs and its co-founder, Do Kwon. They have been accused of selling unregistered securities and making false statements about the stability of the TerraUSD (UST) stablecoin and its related LUNA token.
-
South Korea Hits Dozens With Travel Bans Amid Terraform Labs Crypto Probe
South Korean prosecutors have barred dozens of people connected to Terraform Labs from leaving the country as they expand an investigation into a $40 billion collapse of the company’s cryptocurrency that devastated traders around the world.
-
South Korea's Government Plans New Digital Assets Oversight Committee in the Wake of Terra Collapse
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea was the most concerned country of them all. Amid signs that Terraform Labs co-founder Do Kwon was facing legal trouble in South Korea, the country’s ruling party has announced that it would launch a new Digital Asset Comm...
