As the crypto founder got extradited from Montenegro to the U.S., the legal proceedings continued to take place. He was found ...
Kwon attempted to flee after the collapse, eventually being captured in Montenegro in March 2023 while attempting to board a ...
The co-founder of Terraform Labs, Do Kwon, could be locked up for an additional 30 years in prison if he goes to trial in ...
In South Korea, Do Kwon could potentially serve more than 30 years for his crimes, according to a local media report.
Visa has launched a new Stablecoins Advisory Practice to help businesses use stablecoins. Early partners, such as Navy ...
Do Kwon sentenced to 15 years in US for Terra collapse, faces additional 30+ year prosecution in South Korea after potential ...
The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.
The sentencing is the final fallout from 2022, when Kwon’s stablecoins TerraUSD and Luna both suddenly collapsed in value, ...
Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called ...
Terraform Labs co-founder Do Kwon has been sentenced to 15 years in prison for what a judge called ‘generational’ fraud from ...