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 ...

Do Hyeong Kwon, an instrumental figure behind a stablecoin and related cryptocurrencies whose more than $40 billion crash sent shock waves through the digital asset industry, pleaded guilty Tuesday in ...

NEW YORK — Terraform Labs founder Do Kwon pleaded guilty to conspiracy to commit fraud and wire fraud Tuesday morning, three years after the dramatic $60 billion collapse of the Terra/Luna stablecoin ...

Add Yahoo as a preferred source to see more of our stories on Google. Montenegro court delays extradition of Do Kwon SARAJEVO (Reuters) -Montenegrin Justice Minister Bojan Bozovic has ordered the ...

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 ...

Montenegrin Justice Minister Bojan Bozovic has ordered the extradition of Terraform Labs co-founder Do Kwon, also wanted by South Korea, to the United States, the ministry said Friday. A South Korean ...

Terraform Labs co-founder Do Kwon is expected to plead guilty in a US fraud case tied to the 2022 collapse of the TerraUSD (UST) stablecoin, which wiped out $40b in value and sent shockwaves through ...

FILE - Montenegrin police officers escort South Korean citizen, Terraform Labs founder Do Kwon in Montenegro's capital Podgorica, Saturday, March 23, 2024. Photo: Risto Bozovic/AP, File Do Hyeong Kwon ...