2025-12-12 00:58 |
The Terraform Labs co-founder pleaded guilty to conspiracy and wire fraud in August. origin »
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Terraform Labs co-founder Do Kwon has been sentenced to 15 years in U. S. federal prison, marking the most consequential punishment yet in a crypto fraud case. The sentence, delivered Thursday in The post Do Kwon sentenced to 15 years in U.
2025-12-12 01:59 | |
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Kwon's troubles aren't exclusive to the U.S. Following his 15-year sentence, the Terra founder still faces prosecution in South Korea.
2025-12-12 01:53 | |
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Do Kwon faces sentencing in New York, reviving focus on the TerraUSD collapse. Prosecutors seek 12 years; defense asks for five in the Terra fraud case. Kwon, Terraform settled with SEC, paying major fines over TerraUSD failures.
2025-12-12 15:08 | |
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Key Takeaways Terraform Labs co-founder Do Kwon has agreed to plead guilty to wire fraud and conspiracy charges, securing a reduced 12-year sentence recommendation and over $19 million in penalties, The post Do Kwon pleads guilty in $40B Terra/Luna fraud - Details appeared first on AMBCrypto.
2025-8-13 11:45 | |
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Terraform Labs co-founder Do Kwon admitted guilt on fraud and conspiracy charges related to the 2022 TerraUSD collapse that cost investors $45 billion. The post Former Terraform Labs Boss Do Kwon Pleads Guilty to Conspiracy, Fraud Over $44B Crash appeared first on Coinspeaker.
2025-8-12 21:37 | |
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Terraform Labs founder Do Kwon’s guilty plea brings to an end one of the biggest lawsuits in crypto.
2025-8-12 19:12 | |
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Terraform Labs founder Do Kwon may change his plea in the US fraud case over TerraUSDs 2022 collapse, which erased $40B in value. The post Do Kwon may plead guilty to US fraud charges tied to Terra meltdown appeared first on Crypto Briefing.
2025-8-12 23:20 | |
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Terraform Labs founder Do Kwon’s criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.
2025-1-9 23:40 | |
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Do Kwon, the former CEO of Terraform Labs, is currently under intensive investigation by US officials who allege that he committed fraud that affected over a million people worldwide. During Kwon’s trial in a New York court, prosecutors provided a detailed account of the far-reaching consequences of his alleged financial misconduct. Related Reading: Crypto Survival […]
2025-1-7 18:00 | |
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The Terraform Labs co-founder is in US custody after pleading not guilty to nine felony charges related to fraud at the platform.
2025-1-7 23:43 | |
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South Korean cryptocurrency entrepreneur Do Hyeong Kwon, co-founder of Terraform Labs pleaded not guilty on Thursday to multiple fraud charges in Manhattan federal court.
2025-1-4 17:00 | |
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Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated $40 billion
2025-1-4 13:54 | |
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Do Kwon, the South Korean cryptocurrency entrepreneur and co-founder of Terraform Labs, pleaded not guilty on Thursday to a series of criminal fraud charges in a Manhattan federal court. This comes just days after his extradition from Montenegro, where he had been detained for over a year.
2025-1-3 23:33 | |
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A Manhattan hearing today saw Terraform Labs co-founder, Do Kwon, deny charges tied to the TerraUSD collapse. Do Kwon, the co-founder the co-founder of Terraform Labs, pleaded not guilty to criminal fraud charges in a Manhattan federal court on Thursday…
2025-1-2 21:52 | |
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Montenegro approves Do Kwon’s extradition to the US over crypto fraud charges, rejecting South Korea’s request for extradition. The post Terraform Labs Founder Do Kwon Will be Extradited to the United States appeared first on BeInCrypto.
2024-12-27 18:34 | |
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Singapore-based Terraform Labs and its founder, Do Kwon, have reached a “tentative settlement” with the US Securities and Exchange Commission (SEC) in a high-profile civil fraud case, as reported by Reuters.
2024-5-31 01:00 | |
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Terraform Labs and its founder Do Kwon have agreed to a tentative settlement with the US Securities and Exchange Commission (SEC). According to court documents filed on Thursday, the Singapore-based crypto entity and Do Kwon had reached the agreement with the US regulator to settle the fraud case on May 29. The development follows a […]
2024-5-31 19:29 | |
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Terraform Labs and CEO Do Kwon are finalizing a settlement with the SEC. Both parties are expected to submit the final terms for court approval by mid-June.
2024-5-31 19:18 | |
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Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday.
2024-5-31 19:04 | |
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Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin.
2024-5-8 22:46 | |
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2024-4-24 18:37 | |
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The US Securities and Exchange Commission (SEC) wants nearly $5. 3 billion in fines from Terraform Labs and its former CEO, Do Kwon for violations of the US securities laws and charges of fraud. The agency detailed its requested fines in an April 19 legal filing.
2024-4-24 00:20 | |
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Last week, a jury in New York declared Terraform Labs and its founder Do Kwon guilty of fraud charges. The meme coin narrative garnered attention, and Ripple looked to launch a USD-backed stablecoin. Here's our weekly recap.
2024-4-8 15:28 | |
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A New York jury has found Terraform Labs and its Co-Founder, Do Kwon, guilty of deceiving investors about UST's stability.
2024-4-6 23:14 | |
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The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.
2024-4-8 22:43 | |
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NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payments app.
2024-4-8 21:51 | |
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A US court has found Terraform Labs PTE Ltd. and its founder Do Kwon liable for defrauding investors in a multi-billion dollar crypto asset securities case.
2024-4-9 14:00 | |
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In a dramatic opening to a much-anticipated trial, the US SEC cast Terraform Labs and its co-founder, Do Kwon, as central figures in a vast financial deception that left investors nearly destitute following its collapse, Reuters reported on March 26.
2024-3-26 00:13 | |
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The trial against Terraform Labs and Do Kwon begins in NYC post-prison release. SEC accuses Kwon of fraud over TerraUSD collapse, sparking $40B loss. As the NYC trial unfolds, the US and South Korea are fighting for his extradition.
2024-3-26 22:11 | |
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Terraform Labs is set to face a high-stakes trial on Monday, grappling with civil fraud allegations linked to the collapse of its TerraUSD stablecoin in 2022. Meanwhile, Terra co-founder Do Kwon remains in Montenegro awaiting the decision on whether he will be extradited to the United States or South Korea to face criminal charges. Terraform […]
2024-3-26 21:00 | |
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Do Kwon, the co-founder and ex-CEO of Terraform Labs, notched a minor victory on Tuesday when the Montenegrin Appeals Court quashed last month’s Supreme Court decision that would have seen him deported to the United States to face fraud charges.
2024-3-6 23:42 | |
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The crypto entrepreneur Do Kwon, best known for his failed algorithmic stablecoin, will likely skip the beginning of a civil trial on U.S. Securities and Exchange Commission (SEC) fraud charges. Terraform Labs founder Do Kwon will likely skip the start…
2024-2-29 14:05 | |
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Do Kwon, the co-founder of Terraform Labs, who has been residing in Montenegro since his arrest in March 2023, is reportedly set to be extradited to the United States to face charges related to financial fraud.
2024-2-22 21:51 | |
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High Court in Montenegro has ruled to allow Terraform Labs’ Do Kwon to be extradited to the US. Kwon faces US fraud charges tied to losses from UST stablecoin collapse. SEC alleges Kwon raised billions through unregistered crypto transactions.
2024-2-22 21:40 | |
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Montenegro's court has approved the extradition of Terra's Do Kwon to the US, a major step in addressing the fallout from Terraform Labs' collapse and the broader fight against crypto fraud. The post Former Terra CEO Do Kwon Set for US Extradition appeared first on BeInCrypto.
2024-2-22 20:07 | |
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Federal Judge Rakoff rules $LUNA and $MIR as securities, finding Terraform Labs violated U. S. laws. SEC trial, scheduled Jan 29, 2024, centres on Terra’s UST stablecoin collapse and $25M alleged fraud.
2024-1-2 19:59 | |
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Do Kwon, the founder and former CEO of Terraform Labs, lost an appeal after being convicted of passport fraud, a Montenegro court ordered on Nov. 16. In June, Kwon and fellow Terra associate Han Chang-joon were convicted of falsifying passport documents by the Basic Court in Podgorica, Montenegro’s capital city.
2023-11-17 00:05 | |
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Attorneys representing Terraform Labs and Do Kwon have filed a motion for summary judgment, arguing that the defendants didn’t do anything wrong and the judge overseeing the case should make a ruling without moving the case forward to a trial.
2023-11-17 22:17 | |
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Terraform Labs has asked a judge to dismiss charges from the U.S. Securities and Exchange Commission (SEC) of multibillion-dollar securities fraud. The document says that the SEC did not prove that Terraform Labs offered unregistered securities for trading. “After two years…
2023-10-31 14:58 | |
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Terraform Labs and its co-founder Do Kwon filed a motion for summary judgment with a federal court, asking the judge to dismiss the SEC’s securities fraud lawsuit against it. Terraform Labs collapsed in May 2022 after its native token LUNA lost 99% of its value when the linked algorithmic stablecoin UST lost its peg to […] The post Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit appeared first on CryptoSlate.
2023-10-31 23:40 | |
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Lawyers for Daniel Shin, co-founder of Terraform Labs, told a South Korean court that he did not contribute to Terra’s collapse in any way after being charged with fraud and embezzlement.
2023-10-31 22:19 | |
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Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities.
2023-10-30 19:54 | |
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Terraform Labs has asked a court to compel Citadel to provide documents related to its trading activities, as it defends itself against accusations of market manipulation and fraud by the SEC. The post Was Market Maker Behind Terraform Labs Collapse? appeared first on BeInCrypto.
2023-10-13 14:30 | |
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Judge John Dorsey from the U. S. Bankruptcy Court has sanctioned Terraform Labs’ request to subpoena vital documents, potentially aiding its defense against fraud charges made by the SEC in the ongoing FTX bankruptcy case.
2023-8-2 19:30 | |
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In a major development on July 31, U. S. Judge Jed Rakeoff of the Southern District of New York has rejected Terraform’s motion to dismiss the fraud charges levied against the company by the United States Securities and Exchange Commission.
2023-8-1 10:33 | |
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Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithmic stablecoin in 2022.
2023-7-21 20:53 | |
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Terraform Labs, presently embattled in fraud charges from the U.S. Securities and Exchange Commission (SEC), has sought court approval to subpoena information from the now-defunct cryptocurrency platform, FTX
2023-7-21 20:16 | |
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Terraform Labs has named Chris Amani, company's former COO and CFO, as interim CEO, while co-founder Do Kwon is incarcerated in Montenegro on fraud charges
2023-7-20 19:15 | |
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Daniel Shin, co-founder of Terraform Labs, had his firsthearing held by Seoul’s Southern District Court on July 10, as reported by local Korean media. Prosecutors addressed several charges, including fraud...
2023-7-10 17:02 | |
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After years of getting caught up in regulatory uncertainty, Ripple [XRP] has officially cemented its place in the U.S. institutional market. 21Shares XRP ETF gets greenlight Amidst various XRP ETF aThe post TOXR gets green light - All about 21Shares’ low-fee XRP ETF appeared first on AMBCrypto.
The altcoin market is still hunting for a bottom. With the Altcoin Season Index dropping back to mid-July territory, investor appetite for “high-risk, high-reward” plays is clearly fading. The post XRP faces $2 test: $1.
Terraform Labs co-founder Do Kwon has been sentenced to 15 years in U. S. federal prison, marking the most consequential punishment yet in a crypto fraud case. The sentence, delivered Thursday in The post Do Kwon sentenced to 15 years in U.
The CFTC granted the operators of Polymarket, PredictIt, Gemini and LedgerX permission to skip certain recordkeeping requirements.
Prediction markets platform Kalshi has secured a crucial pause in its legal fight with state regulators. A federal judge in Connecticut has granted the company a pause on enforcement actions from The post If Gemini Titan is ‘legal finance,’ why is Kalshi still fighting for survival? appeared first on AMBCrypto.
From Donald Trump's crypto-friendly regulators, the yearly report that once flagged financial-stability risks is no longer issuing "vulnerability" warnings.