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Terraform, Kwon
Creator of $40B fraud company Terraform extradited to face charges
The co-creator of the cryptocurrency platform Terraform Labs PTE Ltd. (Terraform) has been extradited to face $40B fraud charges. Do Hyeong Kwon, 33, a citizen of the Republic of Korea, was subject to an extradition order from Montenegro and appeared in a Manhattan court to face federal fraud charges.
Terraform Labs co-founder Do Kwon will face securities fraud charges in the US
Terraforms Labs CEO Do Kwon spent the last day of 2024 getting extradited to the US, Reuters reports. Kwon faces charges in the US for "orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.
Montenegro says it extradites Terraform Lab co-founder Do Kwon to US
Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, where he faces charges of having deceived investors about the stability of the TerraUSD cryptocurrency and how an app used the Terraform blockchain.
1d
on MSN
Crypto mogul Do Kwon pleads not guilty in first US court appearance
South Korean cryptocurrency mogul Do Kwon has pleaded not guilty to a freshly unsealed indictment released in time for his ...
Tuko on MSN
22h
Extradited crypto ‘genius’ in court to face charges
The South Korean co-founder of Terraform Labs appeared in a New York court on Thursday (Friday in Manila) to face fraud ...
19h
on MSN
Bitcoin Climbs, IRS Crypto Timeline, Kwon's Fraud Trial & US Mining Explodes
Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new ...
Mozilla
23h
Terraform boss makes confession to US prosecutors
Do Kwon, the boss of cryptocurrency company Terraform Labs, made a confession in a US court on Thursday after being ...
1d
on MSN
Do Kwon’s superseding indictment includes money laundering charge
Do Kwon could face nine felony charges, including fraud, money laundering, and market manipulation, following his extradition ...
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