Alleged TerraUSD crypto fraudster Do Kwon facing U.S. charges
Alleged crypto fraudster Do Kwon was facing multiple federal charges in the United States Thursday after being extradited from Montenegro. He was a fugitive wanted in the 2022 $40 billion TerraUSD ...
Terra Collapse May Have Impacted a Million Victims, Feds
17 hours ago · Kwon founded the crypto ecosystem Terra, which had the flagship LUNA token and TerraUSD (UST) algorithmic stablecoin as its main products. Investors used it as a gateway into the world of decentralized finance, or DeFi, and LUNA quickly became one of the most valuable crypto coins on the market. ... The latest news, articles, and resources ...
US Prosecutors Scale TerraUSD Collapse Impact Ahead of Do …
U.S. prosecutors estimate that the total number of victims in the TerraUSD collapse may exceed one million. Terraform Labs co-founder Do Kwon was extradited to the U.S. Kwon faces nine felony ...
Do Kwon Pleads Not Guilty to U.S. Charges for $40 Billion TerraUSD ...
5 days ago · Do Kwon Pleads Not Guilty to U.S. Charges for $40 Billion TerraUSD Collapse, Faces Multiple Fraud Counts. Do Kwon, co-founder of Terraform Labs, appeared in a U.S. court on Jan. 2, 2025, where he ...
Terra Luna's Do Kwon To Face Criminal Fraud Charges In US
5 days ago · Do Kwon, Terraform Labs co-founder, to face U.S. criminal fraud charges related to $40 billion collapse of TerraUSD and Luna in 2022. Kwon previously agreed to $80 million fine and crypto ban in ...
South Korean 'cryptocrash' boss Do Kwon extradited to US - BBC
Dec 27, 2024 · South Korean cryptocurrency entrepreneur Do Kwon will be extradited to the United States from Montenegro over the collapse of two digital tokens - TerraUSD and Luna tokens. For months, the US and ...
Do Kwon pleads not guilty to US fraud charges in $40 billion ... - AOL
5 days ago · TerraUSD and Luna crashed that month, dragging down the value of other cryptocurrencies, including bitcoin, and caused wider havoc in the crypto market. Prosecutors did not identify the trading firm.
TerraUSD-Luna collapse: Montenegro approves Do Kwon's …
Dec 29, 2024 · On Friday, Montenegro’s Minister of Justice announced a decision to permit Do Kwon, the South Korean co-founder of Terraform Labs, to face extradition to the United States over his alleged role in...
South Korean crypto boss Do Kwon extradited to US from …
Dec 31, 2024 · Kwon, wanted in the US and South Korea for alleged fraud linked to the collapse of his TerraUSD stablecoin, has been extradited from Montenegro to face charges. Reading Time: 2 minutes.
SEC Charges Jump Crypto Subsidiary for Terra UST Deception
Dec 21, 2024 · Jump Crypto’s wholly-owned subsidiary, Tai Mo Shan, has agreed to a $123 million settlement with the US Securities and Exchange Commission (SEC) for its role in misleading investors about the stability of the TerraUSD (UST) stablecoin. Jump Crypto, a subsidiary of the Chicago-based proprietary trading firm Jump Trading, was integral to …