Hosted on MSN

Jump's alleged role in Terraform and Do Kwon's crypto collapse

The cryptocurrency world has been turmoil-laden, with one of the most recent controversies revolving around the catastrophic collapse of Terraform Labs and its founder, Do Kwon. In the midst of this ...
The Business Times

Singapore court raises damages payout for investors burned by Do Kwon’s Terraform collapse

But it upholds ruling that those who held TerraUSD past May 12, 2022, were speculating and not relying on misrepresentations ...
Finextra

Terraform's Do Kwon sentenced to 15 years in prison for 'epic' fraud

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Kwon pleaded guilty in August to conspiracy to defraud and ...
Fast Company

Crypto founder Do Kwon sentenced to 15 years in prison for $40 billion Terraform Labs fraud

Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial ...
Yahoo

Disgraced Terraform Labs Founder Do Kwon Faces Sentencing Today

Add Yahoo as a preferred source to see more of our stories on Google. Disgraced Terraform Labs founder Do Kwon is set to be sentenced in a Manhattan court later today, December 11, by U.S. District ...
WBOC

Crypto mogul Do Kwon to be sentenced for misleading investors who lost billions in stablecoin crash

NEW YORK (AP) — Cryptocurrency mogul Do Kwon is scheduled to be sentenced Thursday for misleading investors who lost billions when his company’s crypto ecosystem collapsed in 2022. Kwon, known by some ...
CoinDesk

Do Kwon’s Sentencing Hearing Drags on as Court Weighs Mountain of Victim Testimony

NEW YORK — Terraform Labs co-founder Do Kwon will wait a little longer than expected to find out how much time he will serve in prison for orchestrating a massive crypto fraud that wiped roughly $50 ...
Crowdfund Insider

Disgraced Terraform Labs Founder Do Kwon Receives 15-Yr Prison Sentence Over Terra-Luna Collapse

Do Kwon, the disgraced founder of Terraform Labs, has reportedly been sentenced to serve 15 years in prison for his alleged role in the spectacular collapse of the Luna tokens, a catastrophic incident ...
Yahoo

Terraform Founder Pleads for 5-Year Jail Term in US Court

Add Yahoo as a preferred source to see more of our stories on Google. Do Kwon, the Terraform founder who was implicated by the implosion of the Terra blockchain, is asking for only five years in a ...
Crain's Chicago Business

Chicago's Jump Trading accused of aiding collapse of Terraform in $4B suit

The administrator overseeing the wind-down of Do Kwon’s Terraform Labs has filed a lawsuit against Jump Trading, alleging the Chicago-based firm illegally profited from — and helped to accelerate — ...
SFGate

Crypto mogul Do Kwon sentenced to 15 years in prison for $40 billion stablecoin fraud

NEW YORK (AP) — Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old ...