Court orders Do Kwon extradition to South Korea — US not happy
Prosecutors in the US will continue to seek extradition of former cryptocurrency mogul Do Kwon despite a ruling by Montenegro’s High Court to hand him over to his native South Korea to face charges over the $40 billion collapse of...
Terraform Labs files for bankruptcy in the US as co-founder faces extradition for fraud
The Terraform Labs Pte. digital-asset business co-founded by Do Kwon filed for Chapter 11 bankruptcy protection in the US.
The company’s estimated assets and liabilities are both in the range of $100...
Do Kwon to be extradited to face fraud charges
Montenegro’s high court approved the extradition of crypto entrepreneur Do Kwon, who is sought by the US and South Korea on fraud charges.
The justice minister will make the final decision on which country to extradite Kwon to, the court said on...
Do Kwon gets first jail time
Terraform Labs co-founder Do Kwon, the crypto entrepreneur who’s sought by the US and South Korea on fraud charges, was sentenced to four months in prison by a Montenegrin court for attempting to travel with a forged passport.
Han Chang-joon, who was Terraform...
Terra's Do Kwon could spend over 40 years in jail
The disgraced former crypto titan Do Kwon may spend most of his life behind bars, first in his native South Korea and then in the US, according to a scenario laid out by a senior prosecutor in the Asian nation.
Both countries are seeking Kwon’s...
Terra co-founder Do Kwon slapped with Interpol red notice
South Korea said Interpol requested law enforcement worldwide to locate and arrest Terraform Labs co-founder Do Kwon, who faces charges related to the $60-billion (R1.08-trillion) wipeout of cryptocurrencies he created.
Prosecutors in...
Arrest warrant issued for Terra cofounder
A court in South Korea issued an arrest warrant for Do Kwon, the founder of the Terraform Labs cryptocurrency ecosystem, whose implosion earlier this year sparked a global crypto rout.
The court in Seoul issued a warrant for Do Kwon and five others on...
Police raid home of Terraform Labs co-founder Daniel Shin
South Korean prosecutors raided the home of Terraform Lab co-founder Daniel Shin, deepening a probe into allegations of illegal activity behind the collapse of stablecoin TerraUSD.
A series of raids on crypto-exchanges and offices on...
Terra’s collapse could have taken all of crypto with it
Speculation that the collapse of one of the biggest experiments in decentralized finance could bring about the death of crypto appears to have been overblown.
If Terra’s implosion had happened after a few more months of growth, the...