Crypto mogul Do Kwon pleads not guilty in first US court …
4 days ago · South Korean cryptocurrency mogul Do Kwon has pleaded not guilty to a freshly unsealed indictment released in time for his first U.S. court appearance. ... Keep your pulse on the news with breaking news alerts from The AP. ... Terraform Labs founder Do Kwon in Montenegro’s capital Podgorica, Saturday, March 23, 2024. (AP Photo/Risto Bozovic ...
Do Kwon: fugitive cryptocrash boss finally extradited to US - BBC News
6 days ago · Do Kwon was the boss of Terraform, which operated two cryptocurrencies - TerraUSD and Luna - both of which collapsed in 2022, sparking a wider sell-off in the crypto market.
Do Kwon Extradited to the United States from Montenegro to …
4 days ago · Do Hyeong Kwon, 33, a citizen of the Republic of Korea, was extradited from Montenegro and appeared in court today in Manhattan to face federal fraud charges. A superseding indictment that was unsealed against Kwon alleged that the co-founder and former chief executive officer of Terraform Labs PTE Ltd. (Terraform) engaged in multiple schemes to deceive investors in order to
NYC News: Crypto mogul Do Kwon pleads not guilty in …
4 days ago · The superseding indictment accused Kwon of deceiving investors by telling them that Terraform had developed novel reliable financial technologies enabling it to turn blockchain technology into a ...
Terraform Labs' Do Kwon Pleads Not Guilty to Fraud on
4 days ago · Do Kwon, founder of the failed Terra Luna crypto ecosystem, pleaded not guilty to charges of fraud following his Dec. 31 extradition to the U.S., Reuters reported on Thursday. Kwon's Terraform ...
Crypto Magnate Do Kwon Found Liable for Multibillion-Dollar Fraud
Apr 5, 2024 · A federal jury in New York has found South Korean crypto magnate Do Kwon—and his company Terraform Labs—liable for defrauding investors who collectively sank billions of dollars into...
Terraform and Kwon to Pay $4.5 Billion Following Fraud Verdict
Jun 13, 2024 · On April 5, 2024, a jury unanimously found Terraform and Kwon liable for securities fraud after less than two hours of deliberation. As part of the settlement, Terraform agreed to pay $3,586,875,883 in disgorgement, $466,952,423 in prejudgment interest, and a $420,000,000 civil penalty.
Montenegro court rules to extradite Terraform Labs founder to …
Feb 22, 2024 · A court in Montenegro has ruled that Terraform Labs founder Do Kwon should be extradited to the United States to face fraud charges rather than to his native South Korea.
SEC Charges Terraform and CEO Do Kwon with Defrauding …
Feb 16, 2023 · The Securities and Exchange Commission today charged Singapore-based Terraform Labs PTE Ltd and Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.
Do Kwon will be extradited to the US to face charges over Terra’s …
Dec 27, 2024 · Do Kwon, the co-founder of the collapsed cryptocurrency firm Terraform Labs, will be extradited to the US to face federal fraud charges, as reported earlier by Bloomberg.