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The Latest Breaking News from Do Kwon

$40 billion-plus crypto fraud scheme results in 15-year prison sentence for its creator — nine criminal counts include wire fraud and money laundering

Terra Project's crypto mogul Do Kwon jailed for 15 years

Tom’s Hardware

Judge tells notorious crypto scammer ‘you have been bitten by the crypto bug’ in handing down 15 year sentence

Do Kwon orchestrated a $40 billion fraud, leading to 2022 crypto crash

Fortune

Crypto boss sentenced to 15 years over 'epic, generational scale' fraud that lost over 40 billion dollars

A so-called stablecoin collapsed back in 2022.

PC Gamer

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Crypto king Do Kwon jailed for 15 years over $40bn stablecoin fraud

The co-founder of cryptocurrency firm Terraform Labs was sentenced to 15 years in prison after a US court found that his $40bn stablecoin ecosystem was sustained by fraud.

Euronews

Crypto mogul Do Kwon sentenced to 15 years in prison for fraud

Co-founder of Singapore-based Terraform Labs given more jail time by US judge than prosecutors sought

The Guardian - UK

Crypto Fraudster Do Kwon Gets 15 Years for $40 Billion Terra/Luna Collapse That Triggered 2022 Crash

Terraform Labs co-founder Do Kwon sentenced to 15 years for orchestrating $40B Terra/Luna collapse. Judge said he committed "fraud on epic, generational scale."

International Business Times

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

Cryptocurrency mogul Do Kwon is scheduled to be sentenced for misleading investors who lost billions when his company’s crypto ecosystem collapsed in 2022

The Independent UK

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Cryptocurrency Mogul Do Kwon Admits Guilt in $40B Collapse — Prison and $19M Forfeiture Included

Terraform Labs founder Do Kwon has pleaded guilty to fraud over the $40B collapse of TerraUSD and Luna, facing up to 25 years in prison and $19M forfeiture.

International Business Times UK

Crypto mogul Do Kwon, known as 'the cryptocurrency king,' pleads guilty to fraud charges

South Korean cryptocurrency mogul Do Kwon has pleaded guilty to two fraud charges arising from a $40 billion cryptocurrency collapse

The Independent UK

Terraform Labs Founder Do Kwon Pleads Guilty To Fraud In $60B Terra/Luna Collapse

Terraform Labs founder Do Kwon has pleaded guilty to conspiracy to commit fraud and wire fraud, nearly three years after the $60 billion implosion of the Terra/Luna (CRYPTO: LUNC) stablecoin ecosystem.

Benzinga

South Korean Crypto Mogul Do Kwon Pleads Not Guilty in U.S. Court

The trial of Do Hyeong Kwon, co-founder of Terraform Labs, is everywhere. Kwon is facing accusations related to the failure of his company's cryptocurrency. His case could set a standard for how crypto should be regulated.

inkl

'Lunatic' crypto fugitive Do Kwon finally extradited from Montenegro to the US to face charges over $40 billion crash

The fugitive had been hiding out in Montenegro since 2022.

PC Gamer

Montenegro extradites cryptocurrency mogul Do Kwon to the United States

Montenegro has extradited a South Korean mogul known as “the cryptocurrency king” to the United States

The Independent UK

South Korean Crypto Mogul Do Kwan Will Be Extradited to the United States to Face Charges for $40 Billion Crypto Crash

Montenegro has approved the extradition of a South Korean crypto mogul behind the $40 billion Terraform Labs collapse.

International Business Times

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The Independent UK

Montenegro approves the extradition of cryptocurrency mogul Do Kwon to the United States

Montenegro has approved the extradition of a South Korean mogul known as “the cryptocurrency king” to the United States

International Business Times

Montenegro To Extradite Crypto Entrepreneur Do Kwon To US

Montenegro announced on Friday that it would extradite South Korean cryptocurrency entrepreneur Do Kwon to the United States, following a year and a half of dizzying court rulings and subsequent reversals over his removal.

International Business Times

Is Terra Luna's Do Kwon Going to South Korea or United States For Extradition Case

The legal troubles of Do Kwon, Terraform Labs' co-founder, are spiraling. As his extradition nears completion, the case's outcome might have far-reaching

International Business Times

Terraform Labs Gets Green Light To Wind Down After SEC Settlement: Report

Terraform Labs' plan to wind down has reportedly been approved, some two years after the Terra ecosystem collapsed, allegedly wiping out $40 billion in investor funds.

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International Business Times

South Korean Crypto Executive Stabbed During $800M Fraud Trial

Haru Invest's CEO was stabbed by his attacker in the neck while he was attending a trial for fraud charges over the crypto company's sudden suspension of customer withdrawals in mid-2023.

Top News

Montenegro Upholds Extradition Of 'Cryptocurrency King' To South Korea

Montenegrin court upholds extradition of 'cryptocurrency king' to South Korea, rejecting U.S. bid. Fraud charges and financial crimes linked to Terraform L...

The Independent UK

Montenegro court approves extradition of cryptocurrency mogul Do Kwon to native South Korea

A Montenegrin appeals court has upheld a ruling by a lower court to hand over a South Korean mogul known as “the cryptocurrency king” to his native country

Fortune

Jump Trading made 25-year-old Kanav Kariya into a crypto celebrity. He went out as the baby-faced symbol for a crypto disaster

How a venerable Chicago financial firm became a blockchain kingmaker, then fell back to earth.

Fortune

The CFTC is probing Jump Crypto, previously one of the sector's biggest players

After taking an active role in the blockchain sector, Jump has since pulled back on its crypto efforts.

Fortune

The SEC hits crypto firm with $4.5 billion penalty—but no one is going to pay it

A billion dollar settlement between the SEC and TerraForm labs means headlines but no real help for victims of the scam.

International Business Times

Collapsed Terraform, Do Kwon Agree To Pay $4.5B To Settle SEC Case

Do Kwon, the founder of the crypto empire that shook the digital assets industry when it collapsed in 2022, will pay to settle a fraud case filed by the U.S. SEC in relation to the crash of the Terra and Luna stablecoins.

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