Terraform Labs
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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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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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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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Terra 2.0 Launches as Planned by Do Kwon but Its Value Has Already Begun Tanking Heavily
Terra 2.0 is a new chain that Do Kwon has decided to set as the revival plan for the Terra ecosystem. However, within 48 hours of launch, the organisation's new LUNA token has already tanked by around 67 percent in value — a sign that doesn't bode too well for a revival plan.
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South Korea Police Wants Country's Crypto Exchanges to Freeze Luna Foundation Guard's Assets
South Korean authorities have asked crypto exchanges to freeze assets linked to the Luna Foundation Guard, KBS has reported. The development arrives after LFG faced questions over how it had spent its Bitcoin reserves amid Terra's collapse.
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Terra's Do Kwon Denies Any Tax Evasion Attempt on Twitter After South Korea Authorities File Lawsuit
In the midst of the Terra disaster, Do Kwon, the company’s founder, is being investigated by South Korean authorities for possible tax evasion and has responded in a Twitter thread that his firm will cooperate with the probe and that Terraform Labs has no outstanding tax liabilities in Korea.
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Terra Ecosystem Announces Luna Foundation Guard to Safeguard Its Stablecoins From Volatility
Intended to grow the Terra ecosystem and help stabilise it, the Luna Foundation Guard is a non-profit organisation aimed at funding decentralised finance (DeFi) projects that utilise Terra’s stablecoins and building a reserve to maintain Terra’s dollar-pegged stablecoin.
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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.
-
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.
-
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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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.
-
Terra 2.0 Launches as Planned by Do Kwon but Its Value Has Already Begun Tanking Heavily
Terra 2.0 is a new chain that Do Kwon has decided to set as the revival plan for the Terra ecosystem. However, within 48 hours of launch, the organisation's new LUNA token has already tanked by around 67 percent in value — a sign that doesn't bode too well for a revival plan.
-
South Korea Police Wants Country's Crypto Exchanges to Freeze Luna Foundation Guard's Assets
South Korean authorities have asked crypto exchanges to freeze assets linked to the Luna Foundation Guard, KBS has reported. The development arrives after LFG faced questions over how it had spent its Bitcoin reserves amid Terra's collapse.
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Terra's Do Kwon Denies Any Tax Evasion Attempt on Twitter After South Korea Authorities File Lawsuit
In the midst of the Terra disaster, Do Kwon, the company’s founder, is being investigated by South Korean authorities for possible tax evasion and has responded in a Twitter thread that his firm will cooperate with the probe and that Terraform Labs has no outstanding tax liabilities in Korea.
-
Terra Ecosystem Announces Luna Foundation Guard to Safeguard Its Stablecoins From Volatility
Intended to grow the Terra ecosystem and help stabilise it, the Luna Foundation Guard is a non-profit organisation aimed at funding decentralised finance (DeFi) projects that utilise Terra’s stablecoins and building a reserve to maintain Terra’s dollar-pegged stablecoin.
