Kwon

Amid the ongoing liquidation of Terraform Labs and an extradition battle involving its founder Do Kwon, a wallet linked to both entities has successfully moved $62.8 million worth of Bitcoin. According to data from Arkham, the address…

While Do Kwon’s extradition has yet to be decided in Montenegro, Terraform Labs founder Lee’s wife has won a major legal victory against the South Korean state. The court ruled that some real estate shares and subscription rights…

Terraform Labs and its founder, Do Kwon, have reached a settlement with the US Securities and Exchange Commission (SEC) following fraud allegations surrounding the collapse of the TerraUSD stablecoin, Reuters reports. The agreement, which…

According to a Friday report by Bloomberg, a  United States jury found Terraform Labs and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022. This development comes as Do Kwon continues to…

A New York jury has found Terraform Labs and its Co-Founder, Do Kwon, guilty of deceiving investors about UST’s stability. Terra’s stablecoin UST collapse in 2022 led to a $40 billion loss for investors and sent shockwaves through the…

Per the High Court decision, Do Kwon will be released from prison in Spuž on Saturday but will not be allowed to leave Montenegro. As per local reports, the authorities will confiscate Kwon’s valid passport as a security measure. This…

Do Kwon, the beleaguered founder of TerraForm Labs, is headed to South Korea to face charges connected to the 2022 Terra ecosystem collapse. This follows a Montenegrin appeals court rejecting his final attempt to be extradited to…

A court in the Balkan country of Montenegro has rejected the appeal of cryptocurrency firm Terraform Labs’ co-founder Do Kwon to block his extradition to South Korea. This decision has sealed the transfer of custody of Kwon to authorities…

The High Court of Podgorica has approved the extradition of Do Kwon, the Co-Founder and Former CEO of Terraforms Labs, to the US. Kwon faces criminal charges in the US following the collapse of Terraform Labs. etoro: Experience a…

In a significant turn of events, Do Kwon, the founder of Terraform Labs, has once again evaded extradition to the United States as the Montenegro government reversed its decision.  The US Securities and Exchange Commission (SEC)…