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The Latest Breaking News from Do Kwon

Sam Bankman-Fried quietly deletes his claim that FTX customer funds are safe

The future of client assets locked on crypto exchange FTX remains uncertain, with a Binance deal that can bail out the company depending on a closer look at the books.

Fortune

Crypto Twitter ablaze after Binance says it's buying FTX

Once considered crypto’s white knight, Sam Bankman-Fried just conceded to his biggest competitor.

Fortune

Terra Co-Founder Do Kwon Faces $57M Lawsuit From International Investors

A Singapore-based court is set to hear a lawsuit filed by over 350 international investors against the co-founder of embattled Terraform Labs Do Kwon.

Benzinga

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Crypto Lender Hodlnaut First Downplayed Exposure To Terra Luna, Now Confirms A $190M Loss In Crash

Beleaguered cryptocurrency lender Hodlnaut had downplayed its exposure to the Terra ecosystem and its sister token Luna (CRYPTO: LUNC) created by fugitive Do Kwon in the run-up to and after its crash and had suffered a nearly $190 million loss as

Benzinga

Terra CEO Do Kwon Denies Reports Of Frozen Bitcoin

The beleaguered TerraForm Labs CEO Kwon Do-hyung, also known as Do Kwon, denied reports on Wednesday that South Korean prosecutors have frozen Bitcoin (CRYPTO: BTC) assets worth 56.2 billion won ($39.6 million) of

Benzinga

Cryptocurrency News And Price Weekly Wrap-Up For Sept. 30

Crypto News Weekly Wrap-Up: Elon Musk mulls blockchain, crypto payments in Twitter texts; Disney's crypto plans; red notice issued for crypto founder

Investors Business Daily

Terra founder wanted by Interpol tweets he is making ‘zero effort’ to hide

Search for crypto entrepreneur Do Kwon after Luna and UST collapse drags down rival currencies

The Guardian - UK

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Luna Foundation Guard Moved Over 3,000 Bitcoin After Do Kwon's Arrest Warrant: Report

In a new turn of events surrounding the beleaguered founder of Terra (CRYPTO: LUNA) blockchain Do Kwon

Benzinga

Global manhunt begins for crypto boss Do Kwon after stablecoin loses $45 billion in value

South Korea’s special financial crimes unit began an investigation into Kwon’s Terra after a group of five investors filed criminal complaints

Evening Standard

Interpol issues red notice for Terra crypto founder: Seoul

Interpol has issued a red notice for a South Korean cryptocurrency founder who is accused of fraud over the company's $40 billion collapse, prosecutors said Monday.

Bangkok Post

S. Korea requests Interpol's help in Terraform Labs probe

South Korean prosecutors have asked Interpol to issue a fugitive alert for the founder of Terraform Labs as they investigate a $40 billion crash of the firm’s cryptocurrency that devastated retail investors around the world

The Independent UK

South Korea asks Interpol to prevent Terra founder from fleeing extradition

Do Kwon denied he was ‘on the run’ as cryptocurrency sector slides in wake of ethereum merge

The Guardian - UK

South Korea's cryptocurrency ‘guru’ Do Kwon turns fugitive

Do Kwon, the creator of the cryptocurrencies Luna and TerraUSD, has become one of the most hated men in South Korea after a Seoul court issued an arrest warrant for him this week over his alleged role in the collapse of the global cryptocurrency market earlier this year.

France 24

South Korean court orders arrest of developer of failed crypto Luna

SEOUL: A South Korean court has issued an arrest warrant for Do Kwon, the primary developer of failed cryptocurrency Luna and the founder of blockchain platform Terraform Labs.

Bangkok Post

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Asharq Al-Awsat

South Korean Founder of Failed Terra Coin Admits He Was 'Wrong'

The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators. The dramatic disintegration of stablecoin TerraUSD and its sister token Luna -- which both…

Benzinga

'I Didn't Sleep For 8 Days,' Terra Luna Founder Do Kwon Tells Coinage Following Crypto Collapse

Do Kwon, founder of Terraform Labs, recently spoke with cryptocurrency media company Coinage in Singapore — his first media interview since the collapse of Terra Luna earlier this summer. Here's what he discussed:

The Guardian - UK

‘They couldn’t even scream any more. They were just sobbing’: the amateur investors ruined by the crypto crash

Fuelled by hype and hysteria, the market in bitcoin and other cryptocurrencies went from an obscure niche to a $3tn industry. Then the house of cards collapsed

Benzinga

'Do Kwon To Be Brought To Justice,' Says Anonymous, Hacker Collective

Anonymous, the infamous hacker collective, has pledged to join the investigation into Do Kwon now being undertaken by governments to hold the Terra (CRYPTO: LUNA) founder accountable for his actions.

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news in one place.

100’s of premium titles.
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The Independent UK

South Korea hits dozens with travel bans amid crypto probe

South Korean prosecutors have not identified the people under the month-long travel ban

Bangkok Post

South Korea bans Terraform staff from leaving country amid probe

South Korea has banned current and former employees of Terraform Labs from leaving the country, suggesting prosecutors are stepping up their investigation into the TerraUSD stablecoin’s collapse.

Benzinga

4 Actions By The SEC Explained - PFOF, Fees, Meme Stocks, UST

1. Ban on payment for order flow

Benzinga

Dogecoin Creator Reacts To Do Kwon Allegedly Cashing Out $80M Monthly Before LUNA Crash

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus and other prominent crypto industry watchers were unsurprised at the latest allegations against Terra’s (CRYPTO: LUNA) parent Terraform Labs

Benzinga

Terra Designer Says Do Kwon Purposely Increased UST Interest Rates From 3.6% To 20% After Being Warned

A new report claims that Do Kwon, Founder of TerraForm Labs and Terra (CRYPTO: LUNA), intentionally hiked Anchor Program’s interest from 3.6% to 20%, despite warnings.

The Independent UK

Crypto meltdown is wake-up call for many, including Congress

Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets

Benzinga

Investors Sue Terra Founder Do Kwon: What You Need To Know

The founder of Terra (Crypto: LUNA), Do Kwon, is being sued by Korean legal firm LKB & Partners as of May 22 as numerous other investors prepare legal challenges against Terra.

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