Kwon

The U.S. Securities and Exchange Commission is unopposed to delaying Terra’s crypto fraud trial and instead open to waiting till Terraform co-founder Do Kwon is extradited. Federal prosecutors filed two court arguments for the trial of Do…

In a significant turn of events, a court in Montenegro has overturned the extradition order of Do Kwon, co-founder of Terraform Labs, to the United States or South Korea. The Podgorica-based Appeals Court made the decision, which…

A Montenegro court has extended the custody of Terra founder Do Kwon by two more months, while South Korea and the U.S. remain seeking his extradition. Marija Rakovic, a spokesperson for the country’s Higher Court in the capital Podgorica,…

Terraform Labs co-founder Do Kwon has launched his final attempt to appeal a Montenegrin court’s decision that could see him extradited from the country. In a Dec. 6 report, local state media stated that lawyers for Kwon had officially…

Terraform Labs co-founder Kwon Do-hyung, commonly known as Do Kwon, has mounted a legal challenge against his extradition, as confirmed by the Montenegrin Court of Appeal on December 6. This appeal, first reported by Korean news…

The class action was one of the many lawsuits brought against the company last year after the Terra-LUNA fiasco that wiped out billions of dollars as investors watched their funds vanish into thin air within a matter of days.  A federal…

The High Court of Montenegro has denied Terraform Labs Founder Do Kwon's appeal, upholding his four-month prison sentence for falsifying documents. This decision intensifies Kwon's plight as he faces potential extradition following the…

The U.S. Securities and Exchange Commission (SEC) has requested a summary judgment from a federal judge in its case against Do Kwon and Terraform Labs, in a move aimed at avoiding a full trial. The SEC argues that there is "no genuine…

The legal battle surrounding Terraform Labs is not without controversy. Terra co-founder Daniel Shin’s lawyer has blamed the “unreasonable operation of the Anchor Protocol and external attacks carried out by Do-hyung Kwon” for the Terra…

Terraform Labs co-founder Do Kwon has requested a United States district judge to reject the securities and fraud suit from the federal securities regulator, claiming it has failed to prove they did anything wrong.In an Oct. 27 filing to a…