2025-2-19 10:36 |
South Korea’s Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet the criteria for financial investment products. Korea‘s Supreme Court has ruled that the collapsed stablecoin TerraUSD (USTC) and its sister token Terra… origin »
|
The Singapore High Court has approved Zettai Pte Ltd’s request to convene a meeting with creditors of the crypto exchange WazirX, allowing the company to present its restructuring proposal. The decision is a critical step in Zettai’s efforts to address debts and recover from the $230 million hack of WazirX linked to North Korea’s Lazarus […] The post Singapore court backs WazirX plan for post-hack revival appeared first on CryptoSlate.
2025-1-24 01:00 | |
|
|
Montenegro’s Constitutional Court unanimously rejected Terraform Labs’ co-founder Do Kwon’s appeal regarding a verdict on his extradition over legal issues, Korea JoongAng Daily reported on Dec.
2024-12-26 03:00 | |
|
|
Montenegro’s Constitutional Court has rejected an appeal by crypto mogul Do Kwon, paving the way for a decision on his extradition to either the U.S. or South Korea. Do Kwon, founder of Terraform Labs, has lost his appeal in Montenegro’s…
2024-12-26 13:58 | |
|
|
A cryptocurrency platform based in South Korea has gone into bankruptcy as declared by a local court after its customers can no longer withdraw their virtual funds worth $1.75 billion. Related Reading: Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid The unfortunate circumstances faced by Delio serve as a reminder […]
2024-11-24 02:30 | |
|
|
According to Montenegro’s Supreme Court, the US and South Korea had both met the conditions for applying for Do Kwon’s extradition to face criminal charges.
2024-9-21 23:00 | |
|
|
Montenegro’s Supreme Court has delayed the extradition of Do Kwon, the controversial founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor’s Office filed a request for a legal review on August 2. The office…
2024-8-9 17:43 | |
|
|
Both South Korea and United States filed extradition requests for Do Kwon Case against Do Kwon now expected to be fast-tracked In a landmark decision, Montenegro's Appellate Court has ruled The post Montenegro's court rules Terra's Do Kwon will go back to South Korea appeared first on AMBCrypto.
2024-8-3 21:30 | |
|
|
Terraform Labs co-founder Do Kwon is finally set to be extradited to South Korea after a more than year-long legal process in Montenegro. The Appellate Court upheld the Higher Court’s June decision to prioritize South Korea’s extradition request over that of the US.
2024-8-2 22:00 | |
|
|
The upheld extradition underscores global regulatory efforts to hold crypto leaders accountable, potentially reshaping industry oversight and trust. The post Do Kwon extradition to South Korea upheld as Montenegro court rejects US request appeared first on Crypto Briefing.
2024-8-2 20:17 | |
|
|
Terraform Labs co-founder and fraudster Do Kwon is once again set to be extradited from Montenegro to his native South Korea, after a ruling from the Balkan nation’s court of appeals Thursday.
2024-8-2 19:08 | |
|
|
On August 1, the Court of Appeal of Montenegro upheld a decision to extradite Do Kwon to South Korea, denying the U.S. its extradition request and reportedly making a ‘final’ decision. Kwon, a South Korean national, is implicated in a…
2024-8-2 18:06 | |
|
|
A US district court in Columbia has ordered the seizure of 279 crypto accounts linked to North Korean operatives. According to a May 10 report, Justice Timothy Kelly has ruled that the accounts be frozen and handed over to the…
2024-5-14 12:24 | |
|
|
According to South Korean local media outlet YNA, a Montenegro court has again approved the extradition of the embattled Terraform Labs co-founder Do Kwon. This development occurred less than a week after the Supreme Court of Montenegro invalidated a ruling recommending Kwon’s extradition to South Korea.
2024-4-12 20:47 | |
|
|
Another twist in the extradition saga of Terraform Labs founder Do Kwon revealed that the forgery convict will not return to his native South Korea just yet.
2024-4-6 17:13 | |
|
|
Montenegro’s Supreme Court has intervened in Do Kwon’s extradition to South Korea, putting the process on hold indefinitely, according to a March 22 translation of the Court notice. The Court said it overturned previous decisions from two lower courts that had greenlit Kwon’s extradition to South Korea because of the Supreme State Prosecutor’s Office’s request.
2024-3-22 20:15 | |
|
|
Montenegro’s Supreme Court placed a pause on Terra founder Do Kwon’s pending extradition from the Balkan country, issuing an order on Friday that overturns earlier decisions from two lower courts to extradite Kwon to his native South Korea.
2024-3-22 17:42 | |
|
|
The Montenegro Appellate Court rejected Do Kwon’s appeal on impending extradition to South Korea. Kwon was arrested last year following the collapse of Terra Luna and its stablecoin UST in 2022.
2024-3-21 22:57 | |
|
|
The Appellate Court of Montenegro has declined Do Kwon’s appeal to halt his extradition to South Korea, according to a March 20 notice. In its ruling, the Court affirmed the High Court’s decision to deport Kwon, the co-founder of now-defunct Terraform Labs, to face criminal charges in South Korea.
2024-3-21 20:13 | |
|
|
South Korean authorities inched closer to accosting Do Kwon over Terra’s $60 billion collapse following a March 20 court ruling in Montenegro.
2024-3-21 19:49 | |
|
|
The U.S. is also seeking Kwon's extradition despite the Montenegrin court's decision to send him to South Korea.
2024-3-21 17:33 | |
|
|
A court in Montenegro ruled Thursday that Terraform Labs co-founder Do Kwon will be extradited to his native South Korea to face criminal charges regarding the May 2022 multibillion-dollar blow-up of the Terra ecosystem.
2024-3-14 22:02 | |
|
|
Over the past few days, events in the case of the extradition of Terraform Labs founder Do Kwon have moved into overdrive. Following a ruling by the Supreme Court of Montenegro favoring his extradition to South Korea, the United States is continuing to press on with its efforts to secure Kwon’s extradition. Battle Over Extradition […]
2024-3-8 15:30 | |
|
|
U.S. prosecutors have declared their intention to appeal a recent decision by a Montenegrin high court regarding the extradition of Do Kwon, the former CEO of Terraform Labs, to South Korea. The development is part of an ongoing legal saga…
2024-3-8 11:12 | |
|
|
The U.S. will appeal the ruling of a Montenegro Court to hand Terraform Labs co-founder Do Kwon to South Korea, according to Bloomberg.
2024-3-9 09:43 | |
|
|
The Montenegrin high court overseeing Terraform Labs co-founder Do Kwon’s extradition retrial has decided to send him back to South Korea instead of the US, local media reported on March 7. The decision will likely be final as the case has gone through multiple stages of trials and appeals over the past year as both […] The post Montenegro decides to extradite Do Kwon to South Korea in retrial appeared first on CryptoSlate.
2024-3-8 20:13 | |
|
|
Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead.
2024-3-8 17:52 | |
|
|
Montenegro Supreme Court rules to extradite Terra's Do Kwon to the US, rejecting South Korea's request and highlighting legal and political factors.
2024-2-22 20:11 | |
|
|
According to an official notice, Montenegro has extradited Han Chang-joon, the former CFO of Terraform Labs, to South Korea following his arrest last year alongside Terra co-founder Do Kwon. Charged with using falsified travel documents, both individuals were sentenced to four months in prison by a Montenegro court.
2024-2-6 16:34 | |
|
|
2023-11-25 20:10 | |
|
|
Former Terraform Labs CEO Do Kwon has been cleared for extradition to the US or South Korea, depending on the Montenegrin Justice Minister's decision. The post Court Grants Terra Founder Do Kwon’s Extradition.
2023-11-25 19:00 | |
|
|
Terraform Labs co-founder Do Kwon could be extradited to South Korea or the US after a Montenegro court approved the process. The verdict was rendered by the High Court of Podgorica and the fugitive crypto entrepreneur’s fate now lies with the Montenegro Justice Department.
2023-11-25 17:11 | |
|
|
Terraform Labs founder Do Kwon faces possible extradition to either the United States or South Korea, as confirmed by an update on a court website in Montenegro on Nov. 24. The High Court of Podgorica stated that the necessary legal conditions for Kwon’s extradition to either country had been satisfied.
2023-11-24 14:34 | |
|
|
Montenegro’s minister of justice will make the final decision on Do Kwon’s extradition to either South Korea or the United States.
2023-11-25 12:42 | |
|
|
Minister will decide if Kwon will be extradited to the U.S. or South Korea.
2023-11-25 12:10 | |
|
|
Minister will decide if Kwon will be extradited to the U.S. or South Korea.
2023-11-24 12:10 | |
|
|
In a significant legal development, US District Judge Jed Rakoff granted the US Securities and Exchange Commission (SEC) the authority to collaborate with the South Korean government in its probe against Do Kwon’s Terraform Labs co-founder, Daniel Shin, and collect evidence from payments company Chai Corp.
2023-8-19 19:30 | |
|
|
2023-7-11 23:43 | |
|
|
Terra’s legal trouble continues with South Korea’s Seoul Southern District Court conducting the initial preliminary hearing for Daniel Shin, the co-founder of Terraform Labs, along with seven other former Terra employees.
2023-7-10 13:00 | |
|
|
The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act.
2023-4-25 15:48 | |
|
|
While the U.S. Securities and Exchange Commission (SEC) considers LUNA, the native token of the Terra ecosystem, a security, a court in South Korea has declared that it does not have attributes of a...
2023-4-25 00:39 | |
|
|
Prosecutors in South Korea are trying to get a court order to freeze $5. 3 million worth of Do Kwon’s assets in the country, Yonhap News reported on April 11. Terraform Labs co-founder Kwon has been under investigation in South Korea for fraud and tax evasion since the Terra-LUNA collapse wiped out nearly $40 billion in […] The post S.
2023-4-11 13:00 | |
|
|
The South Korean Supreme Court has upheld existing judgments from the local court and slammed a 25-year jail term on V.Global CEO for $2bn fraud.
2023-1-16 13:30 | |
|
|
Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-hoon, who was acquitted in the first court hearing.
2023-1-4 16:01 | |
|
|
The Seoul Southern District court in South Korea ruled that prosecutors could freeze the assets of seven parties with links to Terra/Luna. The post South Korean Prosecutors Still Chasing Terra Luna Funds, Freezing $93M From Known Associates appeared first on BeInCrypto.
2022-12-21 22:00 | |
|
|
The Seoul Southern District Court froze 120 billion won — equivalent to $92 million as of press time — owned by former and incumbent CEOs of Terraform Labs’ affiliate firm Kernel Labs. The Korea Economic Daily reported on Dec. 20 that South Korean…
2022-12-20 20:12 | |
|
|
Microsoft-backed video game developer Wemade plans to further continue the legal battle against South Korea's largest crypto exchanges.
2022-12-9 16:39 | |
|
|
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors.
2022-11-20 07:45 | |
|
|
According to a report, an arrest warrant has been issued by a court in South Korea against the founder of Terraform Labs, Do Kwon, and five others. The report in question went on to say that the allegThe post LUNA investors may be panicking right now thanks to this Do Kwon update appeared first on AMBCrypto.
2022-9-19 23:30 | |
|
|
South Korea has issued a warrant of arrest for Kwon Do-Hyung “Do Kwon”, founder and CEO of the now defunct Terraform Labs.
2022-9-15 20:28 | |
|
|
Do Kwon’s fall from crypto wunderkind to fraudster has recently reached its final act. The Terraform Labs co-founder, once hailed as a visionary, has pleaded guilty to charges tied to the $40 billion collapse of TerraUSD and Luna. As one…
Terraform Labs founder Do Kwon is in talks to plead guilty in a U.S. criminal case tied to the $40 billion Terra collapse. Terraform Labs founder Do Kwon may plead guilty in a U.S. criminal case over the 2022 collapse…
In a puzzling development, two prominent crypto figures have voiced contrasting opinions over the settlement deal between Galaxy Digital and the Office of the New York Attorney General (NYAG). On March 28, it was revealed the crypto investment firm led by Michael Novogratz has struck agreements to pay a $200 million fine to the State […]
Terraform labs, the Singapore-based company behind the Terra blockchain and its associated cryptocurrencies TerraUSD and Luna, is launching a crypto asset loss claim portal on March 31—claims to be submitted by April 30.
Montenegro’s Constitutional Court has rejected an appeal by crypto mogul Do Kwon, paving the way for a decision on his extradition to either the U.S. or South Korea. Do Kwon, founder of Terraform Labs, has lost his appeal in Montenegro’s…
Terra Luna Classic’s price rose for the second consecutive day as token burn activity accelerated this week. Terra Luna Classic (LUNC), the remnant of the collapsed Terra network, reached an intraday high of $0.00009217, bringing its market cap to $500…