U.S. Pursues Terraform Labs Co-Founder Over Billion-Dollar Cryptocurrency Fraud
Highlights,Do Hyeong Kwon faces U.S. court for his role in Terraform Labs’ $40 billion fraud.,Kwon allegedly manipulated cryptocurrencies and misrepresented,Terraform’s,products.,Fraud,scheme led to a market collapse, erasing billions in investor funds.,D...
Terraform Labs co-founder Do Kwon will face securities fraud charges in the US
Terraforms Labs CEO Do Kwon spent the last day of 2024 getting extradited to the US, Reuters reports. Kwon faces charges in the US for "orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.
Ex-Terraform CEO Extradited to US Over Crypto Fraud Charges
Authorities say Do Hyeong Kwon, former CEO of Terraform Labs, appeared in a Manhattan federal courtroom Thursday after facing extradition from Montenegro over
Montenegro says it extradites Terraform Lab co-founder Do Kwon to US
Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, where he faces charges of having deceived investors about the stability of the TerraUSD cryptocurrency and how an app used the Terraform blockchain.
Terraform co-founder Do Kwon already extradited to the U.S.
Montenegrin authorities handed over Do Kwon, co-founder of Terraform Labs, to U.S. law enforcement, concluding months of legal battles over his extradition. In a December 31 statement on X, Montenegrin Prime Minister Milojko Spajić confirmed that Kwon was in U.S. custody and expected to face criminal charges soon.
Terraform Labs co-founder Do Kwon will face fraud charges in the US
Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited to the U.S. to face federal fraud charges.
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Terraform Labs’ Do Kwon Pleads Not Guilty To Fraud And Money Laundering Charges In U.S. Court
Terraform Labs co-founder and TerraUSD and Luna Do Kwon pleaded not guilty in Manhattan federal court. A nine-count indictment alleging securities fraud, wire fraud, and money laundering ...
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Crypto Titan Do Kwon Extradited to Face Justice in Manhattan, Accused of Perpetrating $40 Billion Terraform Fraud
Do Kwon was extradited from Montenegro to face fraud charges in the US related to Terraform's $40 billion collapse.
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Do Kwon Pleads Not Guilty to Fraud Following Extradition to US: Reuters
Kwon's Terraform Labs developed the Luna cryptocurrency and stablecoin TerraUSD, which capitulated in 2022, losing an ...
Terraform boss Do Kwon pleads not guilty in US court
Terraform cryptocurrency boss Do Kwon is on trial in a US court for fraud. Although he confessed, he does not consider ...
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Terraform boss makes confession to US prosecutors
Do Kwon, the boss of cryptocurrency company Terraform Labs, made a confession in a US court on Thursday after being ...
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Extradited crypto ‘genius’ in court to face charges
The South Korean co-founder of Terraform Labs appeared in a New York court on Thursday (Friday in Manila) to face fraud ...
Bitcoin Climbs, IRS Crypto Timeline, Kwon's Fraud Trial & US Mining Explodes
Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new ...