Kwon attempted to flee after the collapse, eventually being captured in Montenegro in March 2023 while attempting to board a ...
As the crypto founder got extradited from Montenegro to the U.S., the legal proceedings continued to take place. He was found ...
Cryptocurrency mogul Do Kwon is scheduled to be sentenced for misleading investors who lost billions when his company’s ...
Do Kwon sentenced to 15 years in US fraud case over TerraUSD and Luna collapse that erased $40bn, marking one of crypto’s ...
The $40 billion crash of Kwon’s TerraUSD and Luna coins triggered a cascade of company failures across the crypto sector.
The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.
Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called ...
Do Kwon sentenced to 15 years in US for Terra collapse, faces additional 30+ year prosecution in South Korea after potential ...
Do Kwon received a 15-year prison sentence for what the judge called an “epic, generational fraud” that wiped out about $40 ...
Traders have long sought the optimal time to trade crypto, and at different points over the years, European, US, and Asian ...
Kwon, who co-founded Terraform Labs and developed the TerraUSD and Luna currencies, pleaded guilty and admitted misleading ...
Co-founder of Singapore-based Terraform Labs given more jail time by US judge than prosecutors sought ...