In US court, Terraform Labs co-founder Do Kwon says he will plead guilty to charges of conspiracy and wire fraud under an agreement with prosecutors
Terraform Labs Pte. co-founder Do Kwon pleaded guilty to charges in a US fraud prosecution tied to the $40 billion collapse of the TerraUSD stablecoin in 2022.
A US jury finds Terraform Labs and Do Kwon liable for fraud in a US SEC lawsuit, boosting SEC's efforts to assert greater control over the crypto industry
- Terraform 2022 failure wiped out $40 billion in investor funds — Kwon criminal trial on hold over extradition from Montenegro
A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+
Past 6 pm on December 29 … Matthew Russell Lee / Matthew Russell Lee's Newsletter : Aftermath: SBF Sentenced to 25 Years in Prison After Coin Flip and Presidential Aspirations Cite...
Sources: Montenegro Justice Minister Andrej Milovic has privately said he plans to extradite Do Kwon to the US rather than South Korea to face criminal charges
SEC court filings: Jump Trading secretly purchased tens of millions of dollars worth of TerraUSD and made ~$1B profit per year before the coin's 2022 collapse
Chicago firm made about $1 billion through dealings with crypto mogul Do Kwon's company, according to the agency
South Korean prosecutors find ~$314M in illicit assets associated with Do Kwon and his associates, and say Kwon moved most of the ~$69M linked to him to bitcoin
Kwon cofounded Terra to use blockchain technology to develop a more efficient payment system. Rhodilee Jean Dolor / The Daily Hodl : Do Kwon Converted All Assets in South Korea to ...
South Korean prosecutors identify ~$314M in illicit assets associated with Do Kwon and associates, and say Kwon converted most of the ~$69M linked to him to BTC
South Korean prosecutors have contacted Binance to request a halt on withdrawals linked to Do Kwon. — 6397 Total views
OPNX, an exchange from 3AC founders Su Zhu and Kyle Davie for trading bankruptcy claims, had just $13.64 in volume in its first 24 hours; OPNX's FLEX drops 27%+
The Block :
OPNX, an exchange for trading bankruptcy claims from 3AC founders Su Zhu and Kyle Davie, had just $13.64 in volume in its first 24 hours; OPNX's FLEX drops 27%+
- OPNX did not start off with a bang. — The exchange's token, FLEX, is down 27%, trading at $1.95.
US prosecutors in New York charge Terraform Labs co-founder Do Kwon with eight counts, including securities fraud, commodities fraud, and wire fraud
Terraform Labs co-founder Do Kwon, who presided over a more than $40 billion cryptocurrency implosion last year, was charged with fraud by US prosecutors in New York.
Montenegro says police detained Terraform Labs co-founder Do Kwon when he tried to fly to Dubai using falsified Costa Rican travel documents
Bloomberg :
Montenegro says police detained Terraform Labs co-founder Do Kwon when he tried to fly to Dubai using falsified Costa Rican travel documents
Bloomberg :
US prosecutors in New York charge Terraform Labs co-founder Do Kwon with eight counts, including securities fraud, commodities fraud, and wire fraud
Terraform Labs co-founder Do Kwon, who presided over a more than $40 billion cryptocurrency implosion last year, was charged with fraud by US prosecutors in New York.
Source: US prosecutors are looking at Telegram group chats between employees at Jump, Jane Street, and Alameda in May 2022 over the collapse of TerraUSD
US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group …
Sources: the US DOJ is investigating the May 2022 collapse of the TerraUSD stablecoin; the SEC filed a suit against Terraform Labs and Do Kwon last month
Alexander Osipovich / Wall Street Journal :
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value
Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation...
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value
Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation...
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value
Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation...
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value
Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation...
Sources: Jump is the unnamed “US trading firm” that the SEC said helped support the TerraUSD stablecoin in May 2021; the SEC has not accused Jump of wrongdoing
Published 1 hour and 25 minutes earlier on — Jump is the unidentified “U.S. trading firm” …