Explore the stories behind Asia fintech founders who are in jail for fraud and ambition gone wrong, plus what their downfall ...
As the crypto founder got extradited from Montenegro to the U.S., the legal proceedings continued to take place. He was found ...
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 sentenced to 15 years in US for Terra collapse, faces additional 30+ year prosecution in South Korea after potential ...
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Do Kwon sentenced: Crypto crash cause gets 15 years
In a shocking turn of events, Do Kwon, the enigmatic figure behind one of the most devastating cryptocurrency crashes in ...
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, ...
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 ...
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