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  • 24h Vol: $55,554,871,374.03
  • BTC Dominance: 56.53%

do kwon

terraform-labs-gets-court-approval-to-wind-down-operations-in-bankruptcy

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy

Leave a Comment / Bankruptcy, Bitcoin, Blockchain, Crypto, Crypto Hacked, Cryptocurrency, Delaware, do kwon, Ethereum, Fraud, Investors, legal, LUNA, market crash, SEC, SEC settlement, Terra, terraform labs, TerraUSD / / / , , , , , , , , , , , , , , ,

Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem collapsed. Court Approves Terraform Labs Wind-Down Terraform Labs has been granted […]

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy Read More »

montenegrin-court-upholds-extradition-of-terraform-labs-co-founder-do-kwon-to-south-korea

Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, do kwon, Ethereum, extradition, LUNA, News Bytes, News Bytes - 5, Terra, Terra/Luna collapse, terraform labs / / / , , , , , , ,

In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody in Montenegro since March 2023 for attempting to travel with a fake passport, faces criminal charges in South Korea related to the $40 billion collapse

Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea Read More »

montenegro-prime-minister-listed-among-top-terraform-labs-investors-in-sec-filing

Montenegro Prime Minister Listed Among Top Terraform Labs Investors in SEC Filing

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Milojko Spajic, Prime Minister of Montenegro, was revealed as an early investor in Terraform Labs, co-founded by Kwon Do-hyung (Do Kwon). A filing with the U.S. Securities and Exchange Commission (SEC) lists Spajic as the 16th investor in Terraform Labs, purchasing 750,000 luna coins at 10 cents each in April 2018. This revelation raises concerns

Montenegro Prime Minister Listed Among Top Terraform Labs Investors in SEC Filing Read More »

do-kwon-challenges-sec’s-jurisdiction-in-multibillion-dollar-crypto-securities-fraud-case

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, decentralized finance, Do Hyeong Kwon, do kwon, Ethereum, jurisdiction, legal battle, LUNA, Mirror Protocol, News, Regulation, SEC, SEC Case, securities fraud, terraform labs, UST / / / , , , , , , , , , , , , , ,

Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using federal securities law to assert jurisdiction over the digital assets

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case Read More »

do-kwon’s-terraform-sent-$7-million-to-law-firm-before-collapse,-report-unveils

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

Leave a Comment / Bitcoin, ceo, Charges, co-founder, collapse, Crash, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, do kwon, embezzlement, Ethereum, Fraud, Investigation, Kim & Chang, law firm, Lawyers, LUNA, money, Montenegro, News, Payments, Prosecutor's, Singapore, South Korea, south korean, Stablecoin, Terraform, terraform labs, TerraUSD, transfers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils Read More »

seoul-takes-control-over-$160-million-in-assets-of-former-terraform-employees,-founder

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

Leave a Comment / Assets, Bitcoin, co-founder, co-founders, Court, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Daniel Shin, do kwon, Employees, Ethereum, Executives, founder, Founders, LUNA, News, property, Prosecutor's, prosecutor's office, Real estate, seize, Seizure, Seoul, Terraform, terraform labs, TerraUSD, Trial / / / , , , , , , , , , , , , , , , , , , , , , , , , ,

Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South Korean Law Enforcement Moves to Seize Terraform-Linked Real Estate, Report Prosecutors

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder Read More »

south-korean-court-denies-arrest-warrant-for-terraform-co-founder-daniel-shin

South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin

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A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves Terraform Co-Founder at Large Citing

South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin Read More »

do-kwon’s-extradition-likely-to-take-time,-montenegrin-prosecutor-says

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

Leave a Comment / Arrest, Bitcoin, Case, ceo, co-founder, collapse, counterfeited, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, do kwon, Documents, Ethereum, extradition, fake, forged, founder, Haris Šabotić, Investigation, Kwon, LUNA, Montenegro, News, passport, Podgorica, prosecutor, prosecutor's office, Šabotić, Stablecoin, terraform labs, TerraUSD / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says Read More »

report:-terra-co-founder-do-kwon-plans-to-appeal-detention-extension-after-arrest-in-montenegro

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

Leave a Comment / Appeal, Arrest, belgium, Bitcoin, Costa Rica, Court, Crypto Hacked, Cryptocurrency, detention, do kwon, Do Kwon appeal, Do Kwon's appeal, Dubai, Ethereum, extradition, Filip Adzic, Flight Risk, foreign prosecutors, fraudulent documents, hidden identity, Identity Theft, Investigation, Lawsuits, legal battles, legal council, Montenegrin police, Montenegro, News, outcome, Podgorica airport, prosecution, repatriation, Singapore, South Korea, terraform labs, Verification, Vijesti reporters / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro Read More »