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Fallen 'Crypto King' Do Kwon facing 130 years in prison
Fallen 'Crypto King' Do Kwon facing 130 years in prison after $40 billion collapse
Terra Founder Do Kwon was once a crypto darling out of Stanford. Now, he's facing a tough legal battle and a 130-year-long max jail sentence.
Do Kwon pleads not guilty to US fraud charges in $40 billion crypto collapse
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 fraud charges after being extradited from Montenegro this week.
Fallen ‘Crypto King’ Do Kwon Faces 130 Years in Prison After $40 Billion Collapse
Do Kwon, the former CEO of Terraform Labs, has been sentenced to 130 years in prison for orchestrating a $40 billion cryptocurrency collapse, marking one of the largest financial scandals of the decade.
Do Kwon’s crypto collapse could impact over 1 million victims, US prosecutors estimate
US prosecutors overseeing the criminal case against Do Kwon, co-founder of Terraform Labs, estimate that over one million individuals could have been affected by the ecosystem’s collapse.
OCCRP
3h
US Charges South Korean Crypto Mogul in $40 Billion Fraud Scheme
U.S. federal authorities charged a South Korean cryptocurrency mogul with defrauding investors of more than $40 billion ...
4d
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 ...
4d
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 ...
4d
on MSN
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 ...
cryptonews
5h
U.S. Government Seeks Public Notice Procedure for Over 1M Victims in Do Kwon Fraud Case
U.S. prosecutors estimate that Do Kwon's actions may have defrauded over one million victims globally, prompting a public ...
ReadWrite
1h
US prosecutors estimate one million victims by Terraform-Do Kwon
U.S. prosecutors filed criminal charges against former Terraform Labs chief executive officer Do Kwon, revealing a staggering ...
4d
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 ...
5d
on MSN
'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 ...
ReadWrite
4d
Crypto mogul Do Kwon pleads not guilty to U.S. fraud charges after extradition
Terraform Labs co-founder Do Kwon denies fraud charges in U.S. court after extradition, while facing allegations tied to $40B ...
4h
Do Kwon’s Downfall Marks a New Era—Why DEBO Is Positioned as the Next Crypto to Explode
The recent downfall of Do Kwon, the former Terraform Labs CEO. It has sent shockwaves through the cryptocurrency world. From ...
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