Do Kwon
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
The massive sum is a “conservative measure” of Terraform Labs and Do Kwon’s ill-gotten gains, according to the SEC.
South Korea’s April 10 Election: What’s at Stake for the Crypto Universe
In South Korea’s election, voters casting their ballot based on crypto policies could be decisive given the predictions of a tight election.
Bitcoin Price Shot Past $71K; Do Kwon and Terraform Labs Liable for Fraud in SEC Case
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin price rose above the $71,000 level for the first time since the beginning of April. Plus, the latest gains in U.S. crypto-related stocks and a Manhattan jury found Do Kwon and Terraform Labs liable on civil fraud charges brought by the SEC.
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
The U.S. SEC has argued that Do Kwon and his company lied to investors about the stability of TerraUSD and its integration with a Korean mobile payments app.
Is Bitcoin Still Overbought? Do Kwon’s South Korea Extradition Halted
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a new report from JPMorgan that says bitcoin still looks overbought despite the recent sell-off. Plus, the latest on Do Kwon’s South Korea extradition and Frax’s singularity roadmap that aims to boost the TVL of its layer 2 to $100 billion.
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
The Luna/Terra founder will remain in the Balkan country “until a decision is made” on where to send him to face charges.
Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor
The Montenegrin High Court’s decision to extradite Kwon to his native South Korea over the U.S. overstepped the limits of its power, according to the supreme state prosecutor.
Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court
The decision is now final and cannot be appealed by either Kwon or the U.S., the Terra founder's lawyer told CoinDesk.
Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters
Dentons agreed to send $48 million back to Terraform after objections from Terraform's creditors, the SEC, and the U.S. Justice Department.
