Do Kwon

Terra founder Do Kwon refuted allegations of possessing a counterfeit passport during a court session in Montenegro, claiming that the Costa Rican passport in question was procured via a Singapore agency. In the court, Kwon was quoted as, “We applied for these passports through...

A court in Montenegro has extended the incarceration of former crypto fugitive Do Kwon and his associate Han Chang-Joon for an additional six months while they consider an extradition request from South Korean prosecutors. The decision comes after a higher court in Podgorica allowed Kwon and Han to...

Terra (CRYPTO: LUNA) founder Do Kwon's bail request has been approved by the Montenegro court, following the annulment of a previous approval by a higher court. Kwon, along with former Terra executive Han Chang-joon, was arrested in Montenegro in March for allegedly attempting to travel...

Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, has seen a resurgence in the past 24 hours.  What Happened:  The token has shot up by 20% following the announcement of the v2.1.0 upgrade proposal, which has generated significant attention among investors...

A court in Montenegro overturned a prior ruling that granted bail to ex-crypto titan and co-founder of Terraform Labs, Do Kwon. The high court's decision, which took place in Montenegro's capital of Podgorica, meant Kwon would continue to be held in custody, Bloomberg quoted...

The U.S. Securities and Exchange Commission's (SEC) legal documents have substantiated that Jump Trading, a crypto trading entity, played a pivotal role in rescuing the struggling algorithmic stablecoin TerraUSD (CRYPTO: USTC), spearheaded by Do Kwon, a year prior to its eventual downfall. Jump...

Despite the release of Terraform Labs (CRYPTO: LUNA) co-founder Do Kwon and former CFO Han Chong-joon from a Montenegrin jail last week, it is unlikely to alter the negative perception held by many in the crypto community about the pair and their purported involvement in the Terra Luna crash....

Terraform Labs (CRYPTO: LUNA) co-founder Do Kwon and former CFO Han Chong-joon have been granted conditional release by a Montenegrin court after they each posted bail of 400,000 euros (U.S.$436,000). The duo were detained in March at Podgorica Airport, accused of attempting to exit the country...

Attorneys representing Terraform Labs (CRYPTO: LUNA) founder Do Kwon have suggested supervised bail as an alternative to detention while he faces charges in Montenegro for attempting to travel using counterfeit documents. Kwon and Terra executive Han Chang-joon were arrested in March by...

South Korean authorities have brought charges against Daniel Shin, co-founder of Terraform Labs, and nine other individuals for various offenses, including breaches of capital market regulations. The Seoul Southern District Prosecutors' Office announced that it has so far frozen 246.8 billion...

Writer and producer John Oliver, on Sunday, addressed the state of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in his show “Last Week Tonight.“ What Happened: The focus this time was on the series of high-profile and expensive busts in the sector,...

Lawyers for Do Kwon, founder of the defunct crypto issuer Terraform Labs, have requested a U.S. court to dismiss charges brought against him by the SEC, citing lack of jurisdiction among other reasons, according to court filings from Friday. Kwon has been on the run since the collapse of his...

In a court filing last Friday, lawyers for Terra (CRYPTO: LUNA) cofounder Do Kwon asked a judge to dismiss the U.S. Securities and Exchange Commission's lawsuit against the disgraced crypto CEO, asserting that the regulatory agency's accusation ...

Serbian authorities have confiscated a €2 million luxury apartment in Belgrade where Terraform Labs founder Do Kwon sought refuge during a six-month pursuit, according to Serbian prosecutor Branko Stamenkovic. Stamenkovic told DL News, “The police were on the ground to search...

Do Kwon, founder of Terraform Labs, allegedly transferred 9 billion won ($7 million) to South Korean law firm Kim & Chang just before the collapse of the crypto platform in May 2022, according to a new report. Kim & Chang has not provided details about the specific case but stated that it...