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NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal ...
South Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty Thursday to a freshly unsealed indictment released in time for his first U.S. court appearance. Kwon entered the plea in ...
A South Korean man accused of being responsible for a cryptocurrency crisis which cost investors $40bn (£31.8bn) has finally been extradited to the United States. Do Kwon was the boss of ...
A jury found Kwon and Terraform Labs liable on civil fraud charges at trial in April. The SEC had accused the company and Kwon of misleading investors in 2021 about the stability of TerraUSD, a ...
Kwon and his company Terraform Labs were sued by the Securities and Exchange Commission in February 2023 over the TerraUSD and Luna cryptocurrencies, which authorities have said caused about $40 ...
Kwon Do-Hyung [2] (Korean: κΆλν; born 6 September 1991), commonly known as Do Kwon, is a South Korean former businessman and software engineer. He was the co-founder and CEO of Terraform Labs , the parent company of crashed stablecoin TerraUSD and cryptocurrency Luna. [ 3 ]
(Reuters) -Terraform Labs and its founder Do Kwon built a "house of cards" and lied to investors about the stability of a cryptocurrency whose collapse rippled through markets in 2022, a lawyer ...
In 2023, Do Kwon and Terraform were charged by the U.S. Securities and Exchange Commission with a multibillion-dollar fraud. The SEC's civil case against Terraform and Kwon stems from the collapse ...