The cryptocurrency world has been turmoil-laden, with one of the most recent controversies revolving around the catastrophic ...
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 ...
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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 ...
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.
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 ...
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 ...
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto and bitcoin went unmentioned in the interview between X CEO Elon Musk and former ...
A sentencing recommendation said that Do Kwon had caused more losses than Sam Bankman-Fried, Alex Mashinsky and Karl Sebastian Greenwood combined. US attorneys representing the federal government have ...
In a Wednesday status conference, the judge overseeing the Terraform Labs co-founder’s case reportedly said he was “mindful of the GENIUS Act.” Terraform Labs co-founder Do Kwon, facing criminal ...
NEW YORK — 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 ...
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