Latest News and Articles about Terraform Labs

Do Kwon Faces Up to 130 Years for Terraform Fraud: Extradited to U.S.

5 January 2025 Daily Feed Do Kwon, Luna, Terraform Labs, UST

Do Kwon Indicted on Multiple Charges, Could Face Up to 130 Years in Prison Do Hyeong Kwon, the co-founder of Terraform Labs, has been extradited to the United States from Montenegro, where he now faces a raft of federal fraud charges that could result in up to 130 years behind bars. The charges stem from […]

Montenegro Court Rejects Do Kwon’s Appeal; Extradition to U.S. or South Korea Looms

25 December 2024 Daily Feed Do Kwon, Extradition, Montenegro Court, Terraform Labs

Do Kwon’s Appeal Dismissed: Montenegro Court Upholds Extradition Ruling The Constitutional Court of Montenegro has thrown out Do Kwon’s appeal against extradition, marking another twist in the legal voyage of the Terraform Labs co-founder. Responsible for the implosion of TerraUSD and its sister token, Luna, Kwon’s saga now hinges on the decision of Montenegro’s Justice […]