The administrator overseeing the wind-down of Do Kwon’s Terraform Labs has filed a lawsuit against Jump Trading, alleging the Chicago-based firm illegally profited from — and helped to accelerate — ...
Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial ...
FILE - Montenegrin police officers escort South Korean citizen, Terraform Labs founder Do Kwon in Montenegro's capital Podgorica, Saturday, March 23, 2024. Photo: Risto Bozovic/AP, File Do Hyeong Kwon ...
Terraform co-founder Do Kwon has pleaded guilty to two US chargers of fraud after his actions wiped out $40 billion worth of crypto investments, The Guardian reported. Kwon's story is a wild one ...
A South Korean former tech executive accused of helping to spark a cryptocurrency crisis that cost investors more than $40bn (£31.8bn) has pleaded guilty to two criminal counts of fraud. Do Kwon was ...
The cryptocurrency world has been turmoil-laden, with one of the most recent controversies revolving around the catastrophic collapse of Terraform Labs and its founder, Do Kwon. In the midst of this ...
Do Kwon, the South Korean tech entrepreneur who founded the crypto company Terraform Labs, has been sentenced to 15 years in prison. But it turns out that one jail sentence may not be enough for him.
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Do Kwon gets 15 years for $40B stablecoin collapse
The prison sentence handed to Terraform Labs founder Do Kwon marks a rare moment of accountability in a corner of finance that has long thrived on opacity and hype. After the spectacular implosion of ...
On 11 July 2025, the Singapore International Commercial Court (SICC) in Re Terraform Labs Pte Ltd [2025] SGHC (I) 4 ordered a group of creditors to pay costs to the insolvent estate of blockchain ...
Terraform Labs founder Do Kwon is reportedly moving toward entering a guilty plea in a $40 billion criminal fraud case, according to a statement from a Manhattan federal judge on Monday. The ...
In January, the Terraform Labs co-founder pleaded not guilty to several charges, including securities fraud, market manipulation, money laundering and wire fraud. A federal judge overseeing the case ...
Do Hyeong Kwon, an instrumental figure behind a stablecoin and related cryptocurrencies whose more than $40 billion crash sent shock waves through the digital asset industry, pleaded guilty Tuesday in ...
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