Kwon attempted to flee after the collapse, eventually being captured in Montenegro in March 2023 while attempting to board a ...
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in ...
Terraform Labs Pte. co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the ...
FTAV watched on in court as a New York judge eviscerated the Terraform Labs co-founder — and explained his dramatic rise and ...
A federal judge in New York has sentenced Do Kwon, the former CEO of Terraform Labs, to 15 years in prison for a scheme that ...
Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called ...
Concerns mount over Kwon’s possible release overseas as judge demands clarity on victim impact, time served and outstanding ...
NEW YORK — Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison on Wednesday for his role in a massive fraud ...
The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.
The $40 billion crash of Kwon’s TerraUSD and Luna coins triggered a cascade of company failures across the crypto sector.
Onetime cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $40 billion crash revealed his crypto ...
Kwon, who co-founded Terraform Labs and developed the TerraUSD and Luna currencies, pleaded guilty and admitted misleading ...
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