Do Kwon, co-founder of Terraform Labs, has pleaded guilty to charges related to the $40 billion collapse of TerraUSD and Luna. This admission marks a significant step in […]
Do Kwon Pleads Guilty: $40B TerraUSD Collapse Explained
Do Kwon, co-founder of Terraform Labs, has admitted to two counts of fraud related to the collapse of TerraUSD and Luna, resulting in a staggering $40 billion loss. […]
Do Kwon Agrees to Fraud Plea Deal, Facing 12-Year Sentence for Terra Collapse
In a significant development, Do Kwon, founder of Terraform Labs, has accepted a plea deal regarding charges related to the collapse of the Terra ecosystem. The plea includes […]
Do Kwon Admits to Defrauding Investors in Terra Collapse, Faces Up to 25 Years in Prison
Terraform Labs co-founder Do Kwon has changed his stance, pleading guilty in court to participating in a scheme that defrauded cryptocurrency investors during the collapse of the Terra […]
Do Kwon Pleads Guilty in Manhattan for Terraform Labs Fraud
South Korean founder Do Kwon has pleaded guilty to fraud charges related to the collapse of TerraUSD and Luna, a cryptocurrency scheme that cost billions of dollars. His […]
Do Kwon Pleads Guilty: Terraform Labs Founder Faces Charges for $40 Billion UST Collapse
Terraform Labs co-founder Do Kwon has pleaded guilty to conspiracy and wire fraud charges in a U.S. court, admitting his role in the collapse of the TerraUSD (UST) […]
Do Kwon Admits Fraud in $40B Terraform Labs Collapse
Do Kwon, founder of Terraform Labs, has pleaded guilty to charges related to the 2022 collapse of Terra/UST–LUNA. The plea, which occurred in a U.S. federal court in […]
Do Kwon Expected to Change Plea in Terraform Labs Collapse Case
Do Kwon, founder of Terraform Labs and the architect behind the now-collapsed TerraUSD stablecoin, is reportedly set to change his not-guilty plea in a U.S. trial stemming from […]
Do Kwon May Change Plea in Criminal Case This Tuesday
A federal judge is setting a conference for Tuesday, where Do Kwon, co-founder of Terraform Labs, might change his plea in the ongoing legal case against him. The […]
Do Kwon May Recast Plea in Terraform Fraud Case, Impacting LUNA Market
A potential change of plea by Do Kwon, co-founder of Terraform Labs, could significantly impact the LUNA market. Judge Paul A. Engelmayer has scheduled a hearing for this […]
Do Kwon May Negotiate Plea Deal in U.S. Court
Cointelegraph reports that a federal judge has scheduled a conference for Terraform Labs co-founder Do Kwon, potentially paving the way for him to change his plea in ongoing […]
Do Kwon Expected to Change Plea in Criminal Case
A federal judge overseeing the case against Terraform Labs co-founder Do Kwon has scheduled a conference on Tuesday for potential plea changes. In a Monday filing, Judge Paul […]
Terraform Labs Extends Deadline for Crypto Loss Claims: File Before May 16th
The collapse of Terra USD and Luna left investors grappling with significant losses. Now, Terraform Labs has launched a claims portal to offer relief to those impacted. The […]
Deadline for Crypto Loss Claims Set in Terraform Labs Winding Down Process
Terraform Labs has set a May 17th deadline at 11:59 UTC+8 for creditors to submit their crypto loss claims to the Terraform Labs Pte. Ltd. Wind Down Trust.
Do Kwon’s Charges Remain Intact Despite DOJ Memo
U.S. prosecutors maintain their charges against Terraform Labs founder Do Kwon despite a recent Department of Justice (DOJ) memo that provides leniency for cryptocurrency companies. The memo, signed […]