Do Kwon’s superseding indictment includes money laundering charge
The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy. Go to Source
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Terraform co-founder Do Kwon appears before US judge, pleads not guilty
“The defendant, orchestrated schemes to defraud purchasers of cryptocurrencies,” the indictment against the Terraform co-founder read. Go to Source
Do Kwon Extradited to US to Face Crypto Fraud Charges
Do Kwon, the South Korean founder of Terraform Labs, has been extradited to the United States. Authorities in the country accused Do Kwon of orchestrating a multi-billion dollar crypto fraud following the collapse of his company’s Terrausd and Luna cryptocurrencies in 2022. The collapse caused billions of dollars in losses across the market. Do Kwon … Read more
Do Kwon is in US custody after extradition battle
The Terraform Labs co-founder was arrested in Montenegro in 2023 for using falsified travel documents as the courts determined whether he would go to the US or South Korea. Go to Source
Report: Montenegro Agrees to Extradite Terraform Labs’ Do Kwon to the US
Montenegro has greenlit the extradition of Terraform Labs co-founder Do Kwon to the United States, possibly settling a tug-of-war between the U.S. and South Korea, according to Bloomberg. Do Kwon’s U.S. Extradition Approved Amid Fraud Charges Montenegro’s Justice Ministry made the announcement, highlighting that “most criteria envisaged by the law are in favor of the … Read more
Montenegro Justice Minister approves Do Kwon’s extradition to US
Do Kwon was apprehended by law enforcement in Montenegro in June 2023 after attempting to flee the country with a false passport. Go to Source
Montenegro court rejects Do Kwon’s extradition appeal
Montenegro’s Constitutional Court rejects Do Kwon’s appeal, reinforcing his extradition amid dual US and Korea claims. Go to Source
SEC nets record $8.2B from enforcement, mostly from Terraform Labs
Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties. Go to Source
Avalanche buys back $53M in AVAX tokens from Terra’s LFG
The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse. Go to Source
Montenegro halts Do Kwon’s extradition again ahead of appeal ruling
Do Kwon’s extradition has been delayed again, to the surprise of the Justice Ministry. Go to Source
