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Kwon, Montenegro
Do Kwon, the crypto bro behind $40B Luna/Terra collapse, finally extradited to US
The US government finally got its metaphorical hands on Do Hyeong Kwon, the 33-year-old Korean national who built a financial empire on the cryptocurrency Luna and the "stablecoin" TerraUSD, only to see it all come crashing down in a wipeout that cost investors $40 billion.
'Lunatic' crypto fugitive Do Kwon finally extradited from Montenegro to the US to face charges over $40 billion crash
Terraform Labs unsuccessfully fought the US indictment before filing for bankruptcy in the US in January 2024. Do Kwon agreed in June 2024 to pay an $80 million civil fine and be banned from crypto transactions as part of a $4.55 billion settlement Terraform reached with the US Securities and Exchange Commission.
Alleged TerraUSD crypto fraudster Do Kwon facing U.S. charges after Montenegro extradition
Alleged crypto fraudster Do Kwon was facing multiple federal charges in the United States Thursday after being extradited from Montenegro. He was a fugitive wanted in the 2022 $40 billion TerraUSD collapse.
3d
on MSN
Crypto mogul Do Kwon pleads not guilty in first US court appearance
South Korean cryptocurrency mogul Do Kwon has pleaded not guilty to a freshly unsealed indictment released in time for his ...
devdiscourse
3d
Do Kwon: The Crypto Mogul's Downfall
Do Kwon, a South Korean cryptocurrency entrepreneur, pleaded not guilty to U.S. criminal fraud charges after losing an ...
New York Post
9d
Disgraced crypto tycoon Do Kwon will finally be extradited to US from Montenegro
Terraform Labs founder
Do
Kwon
will be extradited to the US ... which authorities have said caused about $40 billion of losses in
crypto
markets.
Kwon
(arrested in 20023, above) and his ...
2d
on MSN
Bitcoin Climbs, IRS Crypto Timeline, Kwon's Fraud Trial & US Mining Explodes
Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new ...
5d
Fugitive crypto king Do Kwon handed over to the FBI to answer for $40 billion stablecoin collapse
He had been on the run for months, fleeing South Korea and later Singapore, before his company went bankrupt in 2022.
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