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Seoul: Asia’s Retail Crypto Capital Moves on After Do Kwon
27.6.2023
South Korea’s nearly 7 million registered users, many in the nation’s capital, show a huge interest in trading crypto. But CoinDesk’s 4th-ranked Crypto Hub for 2023 is still licking its wounds after the catastrophic collapse of Do Kwon’s Terra blockchain – for a time, South Korea’s favorite crypto...
Terra’s Do Kwon Receives 4-Month Jail Sentence in Montenegro for Counterfeit Passport Usage
19.6.2023
Montenegro’s court has determined that Do Kwon, the co-founder of Terraform Labs, is guilty of using a counterfeit Costa Rican passport. As a result, he has been sentenced to four months in jail for the offense. Do Kwon Sentenced to 122 Days in Prison, Defendant Has 8 Days to Appeal According...
Do Kwon gets 4 months in prison in Montenegro on fake passport charges
19.6.2023
Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport
Terraform Labs Co-Founder Do Kwon Found Guilty of Using False Passports in Montenegro Court
19.6.2023
Terraform Labs co-founder Do Kwon was found guilty of using fake passports in a court in Montenegro on Monday.
Kwon along with Terraform Labs’ former Chief Financial Officer Han Chong-joon will serve four months in prison each, according to a statement released by the Podgorica Basic...
Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case
19.6.2023
The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and fellow Terra executive Han Chang-Joon
Do Kwon denies forging passport, blames ‘Chinese' agency: Report
19.6.2023
Do Kwon has denied forging travel documentation and refuted having any financial ties to Europe Now party leader Milojko Spajić
Terra’s Do Kwon Blames ‘Chinese-named Agency’ for ‘Fake Passports’
19.6.2023
Do Kwon, the Terraform Labs founder and CEO, has told a Montenegro court that he did not know the “fake” travel documents he was allegedly trying to leave the country with were forged – and blamed a “Chinese-named agency.”
Per the South Korean media outlets Segye Ilbo and MBN, Kwon told a District...
US Judge Considers if Crashed Coins of Terraform Labs Were Securities
16.6.2023
A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and Exchange Commission (SEC) alleging that they...
Terra Luna Founder Do Kwon to Stay in Custody Amid South Korea's Extradition Request
16.6.2023
Do Kwon, the founder of failed blockchain project Terra, could stay in custody for up to six months while Montenegro's courts consider an extradition request from South Korea.
On Thursday, a Montenegro court extended Kwon's stay in custody for an additional six months as he awaits trial...
SEC argues against Dentons' motion to dismiss Terraform and Do Kwon's lawsuit
16.6.2023
Terraform and Do Kwon lawyers used a U.S. House hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit
Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express
16.6.2023
Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note
Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request: Report
16.6.2023
Courts in the country approved bail for the Terraform Labs founder, but a South Korea extradition request is set to keep him in jail
Do Kwon heading into extradition custody in Montenegro after receiving bail: Report
15.6.2023
The Terra Labs co-founder will be held for up to six months while the Montenegrin court considers South Korea’s extradition request
Jump Trading seeks to move Terra class action suit to California
13.6.2023
The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin
Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says
8.6.2023
Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South Korean authorities are now trying to locate the digital assets that have been allegedly transferred since his arrest in Montenegro...
Korean Prosecutors Target Terra Founder Do Kwon's Crypto Assets Amid Multi-Country Legal Issues
8.6.2023
Korean prosecutors are targeting the cryptocurrency assets of Do Kwon, the founder of failed blockchain project Terra.
Kwon allegedly funneled tens of millions of dollars out of Luna Foundation Guard (LFG), which he set up to help defend his now-defunct stablecoin TerraUSD's peg to...
Terra Luna Co-Founder Do Kwon's Political Ties in Montenegro Under Investigation
8.6.2023
Terra Luna (LUNA) co-founder is making headlines again, this time looking into his relationship with Montenegro's political elite. The news comes after Montenegrin politician Dritan Abazovic, in collaboration with political parties and NGOs, commissioned the Special State Prosecution to establish...
Do Kwon could serve prison in both US and South Korea, prosecutor says
8.6.2023
South Korean senior prosecutor Dan Sunghan says Kwon's extradition to South Korea makes better sense, but suggested Kwon could also serve time in the US too
Do Kwon out on bail once again after court dismisses prosecution appeal
5.6.2023
The Terraform Labs co-founder is out on bail after a successful appeal in Montenegro but will be closely monitored until his next court appearance
Do Kwon's $428K Bail Request in Fake Passport Case Approved by Montenegro Court
5.6.2023
A previous approval was annulled by a higher court after it was determined the Terra founder's finances were not sufficiently assessed in the first decision