Tag: Kwons
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’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
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 [...]
U.S. Will Appeal Do Kwon’s Extradition to South Korea: Report
The eyes of global authorities, including Interpol, have been on Kwon ever since Terra collapsed in mid-2022. Terra's collapse wiped out billions of d [...]
Do Kwon’s Terraform Labs (UST) Seeks Early Court Rejection of U.S. SEC Case
"After two years of investigation, the completion of a discovery period that resulted in the taking of more than 20 depositions, and the exchange of o [...]
Billionaire Ken Griffin’s Citadel Securities Denies ‘Ridiculous’ Claim That It Tanked Do Kwon’s Terra (LUNA)
The Terra network and Do Kwon rose to the highest tier of the crypto world thanks to big-shot investors, only to fall apart within a few days in May 2 [...]
Do Kwon’s TerraUSD SEC Case May Hinge on Role of Market Maker Jump Trading, Court Docs Show
Jump’s involvement may matter due to an incident a year earlier, in which UST temporarily lost its peg to the dollar. While Kwon told investors the co [...]
Genesis Ordered to Comply With Subpoenas Linked to Do Kwon’s Terra Stablecoin TerraUSD
Rakoff is also grappling with how to extract information from Kwon in connection with the case. Kwon’s lawyers have argued he can’t come to the U.S. a [...]
SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
The lawyers representing the United States Securities and Exchange Commission (SEC) have contended that the additional documents submitted by Dentons, [...]
Montenegro Basic Court Again Approves Terra Founder Do Kwon’s $427K Bail Request in Fake Passport Case
In March, Kwon, along with former Terra executive Han Chang-joon, were arrested in Montenegro for allegedly attempting to travel with falsified docume [...]
Terra Do Kwon’s Detention in Montenegro Extended After High Court Decision to Revoke Bail
The High Court decided against the bail approval after it found the Basic Court did not sufficiently assess the the value of the defendant's property, [...]
Montenegro prosecutors appeal against Do Kwon’s bail terms
Last week’s bail deal of Terra Labs co-founder Do Kwon with the Montenegrin court is now in question after the State Prosecutor's Office filed an appe [...]
Terra Luna founder Do Kwon’s bail terms officially accepted by Montenegro court
Montenegro has granted approval to the bail terms proposed by Do Kwon, who was charged with the criminal offense of document forgery under Montenegrin [...]
Do Kwon’s lawyers propose $436K bail as authorities prepare for June trial
Authorities in Montenegro are moving forward with charges against Do Kwon and his former aide Han Chang-joon as lawyers for the Terra co-founder reque [...]
$176M of Do Kwon’s assets are frozen: Report
On May 10, local news outlet Hankyung reported that Do Kwon, co-founder and former CEO of Terraform Labs, had over 233.3 billion Korean Won ($176 mill [...]