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In a Wednesday status conference, the judge overseeing the Terraform Labs co-founder’s case has signaled that the GENIUS Act ...
Key Background. Do Kwon, who was one of Forbes’ 30 Under 30 in 2019, created Terraform Labs in 2018 and released the cryptocurrency token Luna and, later in 2020, a stablecoin called TerraUSD ...
Terraform Labs co-founder Do Kwon pleaded not guilty in a Montenegrin court on Thursday to a charge of forging his passport and travel documents. Kwon’s hearing comes a month after Kwon and ...
Terraform Labs and former CEO Do Kwon have agreed to pay the SEC $4.5 billion in disgorgement, prejudgment interest and civil penalties. The settlement must still be approved by the New York judge ...
A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the Securities and Exchange Commission that they misled ...
A civil fraud trial for controversial crypto CEO Do Kwon and his company Terraform Labs begins on Monday, almost two years after the company’s stablecoin tanked in value and wiped out $40 ...
The SEC is going after Terraform Labs and its co-founder Do Kwon big time. After a verdict slammed them with guilt, the SEC filed for a whopping $5.2 billion in penalties. This isn’t just chump ...
The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of ...
Former Terraform Labs CEO Do Kwon, once a celebrated figure in the cryptocurrency world, now faces a maximum sentence of 130 years in prison and a tougher legal challenge following his extradition ...
Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg.. Kwon ...
Terraform Labs' Do Kwon Goes From Prison To Shelter, Lawyer Decries 'Illegal' Transfer. Kwon has to pay "no less than $204,320,196" from his own pocket under the settlement agreement.
Terraform Labs Pte. co-founder Do Kwon pleaded not guilty to US fraud charges tied to the $40 billion collapse of the TerraUSD stablecoin.