3 / 6 Relevant items tagged with #DoKwon

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Judge Grants Summary Judgment for SEC in Landmark Crypto Case Against Terraform Labs

[Dec 29, 2023 8:30 AM] In a definitive ruling, U.S. District Judge Jed Rakoff favored the Securities and Exchange Commission (SEC) in the multi-billion-dollar fraud case involving Terraform Labs and its founder, Do Kwon. Rakoff noted that the Howey test criteria were…

Montenegro Appeals Court Overturns Extradition of Terraform Labs Co-Founder Do Kwon 

[Dec 19, 2023 8:30 AM] On Tuesday, Montenegro’s appeals court overturned the extradition request for Terraform Labs co-founder Do Kwon. This reversal follows reports that Justice Minister Andrej Milovic had informally agreed to the extradition. Kwon to Remain in…

Do Kwon Successfully Appeals Extradition Decision by Montenegro Court

[Dec 19, 2023 6:04 AM] A previous decision that legal requirements for extradition had been met was rejected by the country's Appeals Court.

Report: Montenegro High Court Extends Do Kwon’s Detention by 2 Months

[Dec 14, 2023 6:30 AM] Do Kwon, the ex-CEO of Terraform Labs, is set to spend two months in Montenegro custody after the country’s High Court moved his release date to Feb. 15, 2024. While Do Kwon reportedly prefers being sent to South Korea, Montenegro’s…

Terra co-founder Do Kwon will stay in Montenegro until February: Report

[Dec 12, 2023 11:32 AM] The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after serving a prison sentence in Montenegro for using falsified travel documents.

Report: Terraform Labs Co-Founder Do Kwon to Be Extradited to the US

[Dec 7, 2023 4:00 PM] Terraform Labs’ co-founder, Do Kwon, is on the brink of extradition to the United States from Montenegro. This development follows a decisive ruling by a high court and the endorsement from a top official. According to The Wall Street…

Do Kwon Faces Extradition to U.S. for Charges Tied to the TerraUSD and Luna Collapse: WSJ

[Dec 7, 2023 11:33 AM] The blowups of his UST and LUNA tokens fueled a crisis that gripped the whole crypto industry in 2022, causing losses that reverberated far and wide.

Montenegrin official plans to extradite Do Kwon to the United States: Report

[Dec 7, 2023 10:12 AM] The Terraform Labs co-founder had been awaiting extradition to either the United States or South Korea after being arrested and charged in Montenegro.

Terraform’s Do Kwon mounts last ditch effort to avoid extradition: Report

[Dec 6, 2023 6:40 PM] Lawyers for Terraform Labs co-founder Do Kwon have mounted a final attempt to appeal his extradition from Montenegro.

Do Kwon: What Happened To The Terra Luna Founder?

[Dec 2, 2023 12:45 PM] Few names have sparked as much intrigue and controversy as Do Kwon (sometimes called Kwon Do). From the meteoric rise of Terra Luna to its sudden and tumultuous downfall, Do Kwon has become a figure of significant interest and speculation. In this…

Terraform Labs, Do Kwon Fail to Have Singapore Class-Action Suit Rejected: Report

[Dec 1, 2023 4:56 AM] The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.

Terra's USTC Gains 300% as Bitcoin-Focused Comeback Plan, Binance Perpetuals Listing Fuel Speculative Frenzy

[Nov 29, 2023 10:05 AM] TerraClassicUSD (USTC), the remnant stablecoin of the failed Terra blockchain, gained 300% in a week as plans of a bitcoin-backed revamp plan and a Binance perpetual contract listing unleashed a speculative frenzy.

Do Kwon Faces Extradition Dilemma: Montenegro’s Justice Minister to Decide Between US and South Korea

[Nov 24, 2023 8:30 AM] In a decision by the Podgorica High Court, ex-Terraform Labs chief executive Do Hyeong Kwon (Do Kwon) is set to be extradited following his four-month incarceration in Montenegro for fabricating travel papers. The extradition bids originate from…

Do Kwon’s Extradition Approved by Montenegro Court

[Nov 24, 2023 3:10 AM] Minister will decide if Kwon will be extradited to the U.S. or South Korea.

Do Kwon's Appeal in Fake Passport Case Denied by Montenegro High Court

[Nov 16, 2023 4:40 AM] The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence.

Under New Leadership, Terraform Labs Acquires Cross-Chain Analytics Firm Pulsar Finance

[Nov 13, 2023 3:30 PM] In a recent development, Terraform Labs has completed the acquisition of Pulsar Finance, a firm specializing in cross-chain analytics and portfolio management. The acquisition occurs as Terraform’s former CEO Do Kwon remains incarcerated in…

SEC Clashes With Do Kwon and Terraform Labs in Court, Alleging ‘Clear, Undisputed’ Fraud

[Nov 5, 2023 11:30 PM] Last week, lawyers representing Terraform Labs and its ex-CEO Do Hyeong Kwon (Do Kwon) moved to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In response, the SEC has countered with a motion of its…

SEC Asks Court for Summary Judgement Against Do Kwon, Terraform

[Nov 2, 2023 10:31 PM] The request follows a move by Kwon's defense team to do the same.

Terraform Labs and Do Kwon Challenge SEC, Seeking Dismissal of Multi-Billion Dollar Fraud Charges

[Oct 31, 2023 3:30 PM] In the latest legal maneuver, Terraform Labs and its former CEO Do Hyeong Kwon (Do Kwon) have submitted a comprehensive Motion for Summary Judgment, seeking an immediate dismissal of the fraud charges levied against them by the U.S. Securities and…

Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

[Oct 31, 2023 4:52 AM] Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea.

Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit

[Oct 30, 2023 8:56 PM] Do Kwon, the co-founder now-collapsed Terraform ecosystem maintains he and his firm did not skirt U.S. securities laws.

Billionaire Ken Griffin's Citadel Securities Denies 'Ridiculous' Claim That It Tanked Do Kwon's Terraform

[Oct 26, 2023 1:02 PM] Citadel said the claims by Terraform was filed to "deflect attention" from its alleged charges.

Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show

[Oct 19, 2023 2:53 AM] Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world.

Genesis Ordered to Comply With Terra Subpoena Within 5 Days

[Oct 16, 2023 10:00 AM] The crypto firm failed to comply with requests made as part of a probe into the collapsed stablecoin, a New York judge said

‘I Won’t Tell if You Don’t’ — SEC Unearths Alleged Scheme by Do Kwon to Fabricate Terra Transactions

[Sep 30, 2023 4:00 PM] In the wake of the U.S. Securities and Exchange Commission’s (SEC) call to depose Terraform Labs creator and former CEO Do Kwon, the SEC unveiled an alleged exchange between him and his former associate Daniel Shin. The ex-Terra boss…

Do Kwon dismisses Slack chat records as irrelevant evidence

[Sep 29, 2023 8:23 PM] Leaked Slack conversations between Terraform Labs co-founders, Do Kwon and Daniel Shin, have exposed their contemplation of orchestrating fraudulent transactions.

Do Kwon’s Defense Declares SEC’s Deposition Request ‘Impossible’ Amid Ongoing Detention Saga

[Sep 28, 2023 10:00 AM] The legal team defending Do Kwon, the co-founder and former CEO of Terraform Labs, argues that the U.S. Securities and Exchange Commission (SEC) lacks the capacity to depose Kwon, deeming it an “impossible” feat. Kwon’s legal counsel additionally…

Terraform Labs Founder Do Kwon Opposes SEC's Extradition Request

[Sep 27, 2023 11:50 AM] The TerraUSD creator opposes the SEC's attempts to bring him back to the U.S. for questioning about his failed stablecoin projects.

Martin Shkreli Details Sam Bankman-Fried’s Life in Prison

[Sep 5, 2023 3:30 PM] Martin Shkreli, the former CEO of several hedge funds and pharmaceutical companies, offered updates about the life of Sam Bankman-Fried in prison. Jeremy Lorenzo (aka Flacco Poops), Shkreli’s source on MDC Brooklyn, the center in which…

SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea

[Aug 17, 2023 6:43 PM] The Securities and Exchange Commission wants to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs.