Kwon attempted to flee after the collapse, eventually being captured in Montenegro in March 2023 while attempting to board a ...
Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his ...
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in ...
Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called ...
The South Korean cryptocurrency entrepreneur behind two digital currencies was sentenced for what a judge called an "epic ...
The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.
Cryptocurrency mogul Do Kwon is scheduled to be sentenced for misleading investors who lost billions when his company’s ...
Kwon, who co-founded Terraform Labs and developed the TerraUSD and Luna currencies, pleaded guilty and admitted misleading ...
The $40 billion crash of Kwon’s TerraUSD and Luna coins triggered a cascade of company failures across the crypto sector.
Terraform Labs Pte. co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the ...
In South Korea, Do Kwon could potentially serve more than 30 years for his crimes, according to a local media report.
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in ...