Tag: Do Kwon

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Montenegro Rejects Do Kwon’s Appeal Against Extradition to US – FX Leaders

Montenegro Rejects Do Kwon’s Appeal Against Extradition to US – FX Leaders

Montenegro Rejects Do Kwon’s Appeal Against Extradition to US  FX Leaders www.fxleaders.com [...]
Liquidators for Three Arrows Capital Now Sue Terraform Labs for $1.3B: Bloomberg

Liquidators for Three Arrows Capital Now Sue Terraform Labs for $1.3B: Bloomberg

This case alleges that TerraForm induced 3AC to purchase Luna and TerraUSD by manipulating the market for these tokens “in a manner that artificially [...]
Do Kwon’s Extradition from Montenegro Postponed Yet Again

Do Kwon’s Extradition from Montenegro Postponed Yet Again

Kwon’s Montenegrin defense attorney Goran Radić did not respond to CoinDesk’s requests for comment by press time, but told Vijesti, a Montenegrin news [...]
Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request

Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request

Thursday’s decision is expected to put an end to months of back-and-forth over whether Kwon should be extradited to South Korea, which submitted its e [...]
U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC

A U.S. District Court judge has agreed to a settlement between the Securities and Exchange Commission (SEC), Terraform Labs and its former CEO, Do Kwo [...]
Terraform Labs, Do Kwon Agree to Pay U.S. SEC a Combined $4.5B in Civil Fraud Case

Terraform Labs, Do Kwon Agree to Pay U.S. SEC a Combined $4.5B in Civil Fraud Case

Of the $4,473,828,306 that Terraform Labs and Kwon must pay to the SEC in disgorgement, prejudgment interest, and civil penalties, Kwon must pay at le [...]
Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing

Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing

The court listing's title referred to a May 29 telephone conference , "without transcription or recording." Counsels for all the parties were present. [...]
Do Kwon’s Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms

Do Kwon’s Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms

“The recent high-profile cases against Terra/Do Kwon and Ripple, with penalties reaching hundreds of millions or even billions of dollars, do signal a [...]
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

Sales of LUNA and MIR to institutional investors totaled $65.2 million and $4.3 million, respectively, sales of LUNA and UST through the Luna Foundati [...]
What’s at Stake for the Crypto Universe

What’s at Stake for the Crypto Universe

“A close election is a given,” said Abel Seow, the Seoul-based BitGo Asia-Pacific director. “But it’s hard to say whether crypto will be a deciding fa [...]
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case: Reports

New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case: Reports

Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm t [...]
Jury Begins Deliberations in U.S. Civil Fraud Case Against Do Kwon, Terraform Labs

Jury Begins Deliberations in U.S. Civil Fraud Case Against Do Kwon, Terraform Labs

During her closing arguments on Friday, SEC attorney Laura Meehan told the jury that during a prior de-peg in May 2021, Kwon and Terraform Labs made a [...]
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court

Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court

The decision effectively puts a time-out on the ongoing tug-of-war over Kwon between South Korea and the United States. Both countries want to try Kwo [...]
Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor

Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor

Han was extradited to South Korea in February, and Kwon looked poised to follow. His Montenegrin lawyer, Goran Rodic, told CoinDesk Kwon was likely to [...]
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