The co-founder of Terraform Labs, Do Kwon, could be locked up for an additional 30 years in prison if he goes to trial in ...
Kwon attempted to flee after the collapse, eventually being captured in Montenegro in March 2023 while attempting to board a ...
In South Korea, Do Kwon could potentially serve more than 30 years for his crimes, according to a local media report.
Do Kwon could face as much as 30 years imprisonment in South Korea if he's extradited to the country after serving half of his 15-year US jail term.
Do Kwon sentenced to 15 years in US for Terra collapse, faces additional 30+ year prosecution in South Korea after potential ...
The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.
The sentencing is the final fallout from 2022, when Kwon’s stablecoins TerraUSD and Luna both suddenly collapsed in value, ...
The judge said the victim letters, which detailed the personal impact of the Terra collapse, were “impactful”—before ...
Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called ...
Terraform Labs co-founder Do Kwon has been sentenced to 15 years in prison for what a judge called ‘generational’ fraud from ...
Crypto entrepreneur Do Kwon received a 15-year prison sentence on December 11 after he pleaded guilty to fraud relating to ...
Terraform Labs Pte. co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the ...