Do Kwon

Terraform Labs co-founder and former chief Do Hyeong Kwon’s legal defense team has requested an extension of their client's trial date. What Happened: “Mr. Kwon wishes to attend his trial” was the request that his legal defense team presented in the letter to a...

In a court ruling on Thursday, Dec. 28, a U.S. federal judge sided with the Securities and Exchange Commission (SEC) against Terraform Labs and its founder Do Kwon regarding the offering and sale of unregistered securities. The decision was handed down by U.S. District Judge Jed...

The Appellate Court at Podgorica in Montenegro has overturned a previous ruling by the High Court regarding Terra Labs (CRYPTO: LUNA) co-founder Do Kwon's potential extradition, citing issues in the legal process and a lack of clear reasoning. This decision follows a complaint raised...

The detention of Terraform Labs co-founder Do Kwon in Montenegro has been extended for two more months, until Feb. 15, according to court spokeswoman Marija Rakovic. This decision by the High Court in Podgorica comes in response to requests from both the United States and South Korea, where...

Montenegro's chief legal officer has expressed intentions to extradite the embattled cryptocurrency fugitive Do Kwon to the United States, bypassing South Korea. The Wall Street Journal reported the developments, quoting sources close to the situation. Since his arrest in...

Amidst the legal turmoil surrounding Terraform Labs and its founders, the cryptocurrency they created, Terra Classic (CRYPTO: LUNC) is blazing past Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What Happened: Terra Classic is up  25%, trading at $0.000099. BTC and ETH were down over 2%....

The High Court in Podgorica, Montenegro, approved the extradition of Do Kown, the co-founder and CEO of Terraform Labs (CRYPTO: LUNA), marking a pivotal moment in the ongoing legal proceedings against the crypto entrepreneur. The court's ruling came in response to a...

Do Kwon, the former CEO and founder of Terraform Labs, has been unsuccessful in his appeal against a passport fraud conviction mandated by a court in Montenegro. What Happened: CryptoSlate reported on Wednesday that Kwon and his associate, Han Chang-joon, had been indicted for passport document...

The situation surrounding Terraform Labs co-founder Do Kwon has garnered renewed attention. Recent reports have brought to light possible undisclosed interactions between Jump Crypto President Kanav Kariya and Kwon. In light of these developments, Kariya has exercised his Fifth Amendment rights...

Terraform Labs and its co-founder, Do Kwon, have approached a federal court to stand by their defense against the U.S. Securities and Exchange Commission's (SEC) allegations of fraud. They argue that the SEC has failed to provide solid evidence that the crypto entity dealt with securities....

Terraform Labs has appointed a new interim CEO, Chris Amani, amid the ongoing legal troubles of its co-founder, Do Kwon. What Happened: Amani, previously the company's COO and CFO, is stepping in to lead the crypto firm during this challenging time, The Wall Street Journal reported....

Arkham Intelligence launched its Intel Exchange on July 18, providing an opportunity for users to earn a massive crypto bounty by identifying high-profile wallet addresses.  What Happened: Notable figures such as Elon Musk, Do Kwon, and Sam Bankman–Fried are among the targets of this bounty...

South Korea's National Assembly has given the green light to the Virtual Asset User Protection Act, marking a significant stride towards establishing a legal structure for virtual assets. The legislation is set to come into force next year. The act, an amalgamation of 19 proposals put forth by...

South Korea has given the green light to landmark legislation dedicated to digital assets, aiming to reinforce protection for investors. This comes in the wake of the dramatic collapse of cryptocurrencies developed by South Korean Do Kwon, which played a role in a global $2 trillion cryptocurrency...

A Montenegro court handed down prison sentences to Do Kwon, founder of the Terra (CRYPTO: LUNA) blockchain, and Terra executive Han Chang-Joon for attempting to flee the country using counterfeit Costa Rican passports. The incident, which took place in March, saw the duo...