Montenegrin court delays Do Kwon’s extradition to South Korea
The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States. Go to Source
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Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea
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 … Read more
Montenegro Appellate Court upholds Do Kwon extradition to South Korea
Since 2023, the decision to send the Terraform co-founder to South Korea or the United States has been contested in Montenegrin courts. Go to Source
Terraform Labs to sell 4 companies as part of wind-down
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal. Go to Source
Montenegro Prime Minister Listed Among Top Terraform Labs Investors in SEC Filing
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 … Read more
Montenegrin PM among early investors in Do Kwon’s Terra (LUNA): Report
Spajic was among the early investors who invested in the firm just days before its formation. Terraform Labs LTD was registered in Singapore on April 23, 2018. Go to Source
US judge approves Terraform’s $4.5B settlement with SEC
A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC. Go to Source
Terraform Labs ends operations, Terra community takes over
Terraform Labs ceases operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community. Go to Source
BREAKING: Terraform to pay $4.47B to resolve SEC civil lawsuit
The settlement would resolve a civil lawsuit filed by the Securities and Exchange Commission following Terraform’s collapse in 2022. Go to Source
Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC
Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic stablecoin. According to a court filing, the settlement terms are currently undisclosed and the alleged … Read more
