Latest News and Articles about TerraUSD
Do Kwon Pleads Guilty in $40B TerraUSD Fraud: Crypto’s Darkest Chapter Unfolds
Do Kwon’s Guilty Plea: $40 Billion TerraUSD Fraud Shakes Crypto to Its Core Do Kwon, the once-lauded mastermind behind Terraform Labs, has pleaded guilty to fraud charges in a New York courtroom, owning up to his role in the staggering $40 billion collapse of TerraUSD and Luna (now Luna Classic) in 2022. This seismic event, […]
Read MoreDo Kwon Pleads Guilty in TerraUSD Collapse: 12-Year Sentence, $19M Fine—Justice Served?
Do Kwon Pleads Guilty in TerraUSD Collapse: 12-Year Sentence, $19M Fine—Justice for Investors? Terraform Labs co-founder Do Kwon has officially pleaded guilty to two felony counts of wire fraud and conspiracy to defraud in a U.S. court in the Southern District of New York, a pivotal moment in the aftermath of the TerraUSD collapse in […]
Read MoreDo Kwon Pleads Not Guilty to Fraud Charges After TerraUSD Collapse
Do Kwon Pleads Not Guilty to U.S. Fraud Charges After Extradition from Montenegro Do Kwon, the co-founder of Terraform Labs, has pleaded not guilty to multiple fraud charges following his extradition from Montenegro to the U.S. The charges include securities fraud, wire fraud, commodities fraud, conspiracy, and money laundering conspiracy, stemming from the collapse of […]
Read MoreMontenegro Extradites Do Kwon to US Over $40B TerraUSD/Luna Collapse
Montenegro Completes Do Kwon’s Extradition to the US Amid TerraUSD and Luna Collapse Fallout Montenegro has extradited Do Kwon, the founder of Terraform Labs, to the United States, where he faces charges related to the collapse of TerraUSD and Luna, which led to a staggering $40 billion loss in the crypto market. Montenegro extradites Do […]
Read MoreDo Kwon Extradited to U.S. Amid TerraUSD Collapse Fallout, Faces Accountability
The extradition of Do Kwon, the controversial figure behind the collapsed TerraUSD and Luna cryptocurrencies, to the United States marks a significant moment in the realm of cryptocurrency accountability. Montenegro’s decision to prioritize the U.S. extradition request over South Korea’s underscores the seriousness of Kwon’s alleged financial transgressions. Montenegro chooses to extradite Kwon to the […]
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