Crypto mogul Do Kwon pleads not guilty in first US court …
3 days ago · Authorities say investors worldwide were harmed by the $40 billion crash of Terraform Labs’ cryptocurrency. The May 2022 collapse came despite the company’s claim that TerraUSD was a “stablecoin” that could be relied upon. Kwon did not speak during his court appearance, except to acknowledge that he understood English.
NYC News: Crypto mogul Do Kwon pleads not guilty in …
3 days ago · Authorities say investors worldwide were harmed by the $40 billion crash of Terraform Labs’ cryptocurrency. South Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty Thursday to a ...
Terraform co-founder Do Kwon appears before US judge, pleads …
3 days ago · Terraform Labs co-founder Do Kwon appeared before a US magistrate on Jan. 2, 2025, and pleaded not guilty to the charges in the first legal hearing for the former tech executive since his ...
Do Kwon Pleads Not Guilty to US Charges Over Terra Collapse
3 days ago · Terraform Labs Pte. co-founder Do Kwon pleaded not guilty to US fraud charges tied to the $40 billion collapse of the TerraUSD stablecoin. Kwon, 33, entered his plea Thursday before a US ...
Terraform and Kwon to Pay $4.5 Billion Following Fraud Verdict
Jun 13, 2024 · On April 5, 2024, a jury unanimously found Terraform and Kwon liable for securities fraud after less than two hours of deliberation. As part of the settlement, Terraform agreed to pay $3,586,875,883 in disgorgement, $466,952,423 in prejudgment interest, and a $420,000,000 civil penalty.
Terraform Labs co-founder Do Kwon will face fraud charges in …
Dec 27, 2024 · Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces ...
Crypto Magnate Do Kwon Found Liable for Multibillion-Dollar Fraud
Apr 5, 2024 · A federal jury in New York has found South Korean crypto magnate Do Kwon—and his company Terraform Labs—liable for defrauding investors who collectively sank billions of dollars into...
Montenegro court rules to extradite Terraform Labs founder to …
Feb 22, 2024 · A court in Montenegro has ruled that Terraform Labs founder Do Kwon should be extradited to the United States to face fraud charges rather than to his native South Korea.
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud ... - CoinDesk
Apr 5, 2024 · NEW YORK – A Manhattan jury has found Terraform Labs and its co-founder, Do Kwon, liable on civil fraud charges brought by the U.S. Securities and Exchange Commission (SEC) in connection...
SEC Charges Terraform and CEO Do Kwon with Defrauding …
Feb 16, 2023 · The Securities and Exchange Commission today charged Singapore-based Terraform Labs PTE Ltd and Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.
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