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.
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.
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.
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 first U.S. court appearance.
Crypto Mogul Do Kwon Extradited to US to Face Charges
Montenegro extradited South Korean cryptocurrency mogul Do Kwon to the United States to face criminal fraud charges.
Do Kwon pleads not guilty to US fraud charges at Manhattan hearing
Do Kwon pleads not guilty in Manhattan as US fraud trial begins, facing charges related to the TerraUSD and Luna collapse.
'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.
Montenegro extradites cryptocurrency mogul Do Kwon to the United States
PODGORICA, Montenegro (AP) — Montenegro on Tuesday extradited a South Korean mogul known as “the cryptocurrency king” to the United States, following a decision of its justice ministry earlier this month to accept a U.S. request, while refusing a South Korean handover plea, the Balkan country’s authorities said.
Extradited for Fraud: Do Kwon Faces Justice After $40B Crypto Crash
Do Hyeong Kwon, the 33-year-old co-founder and former CEO of Terraform Labs, has been extradited from Montenegro to the United States to face serious fraud charges. Kwon’s involvement in the collapse of cryptocurrencies linked to Terraform caused devastating losses,
Do Kwon Pleads Not Guilty to Fraud Following Extradition to US: Reuters
Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated ...
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 ...
Montenegro says it extradites Terraform Lab co-founder Do Kwon to US
Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, where he faces charges of having ...
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Do Kwon Pleads Not Guilty to U.S. Charges for $40 Billion TerraUSD Collapse, Faces Multiple Fraud Counts
Do Kwon, co-founder of Terraform Labs, appeared in a U.S. court on Jan. 2, 2025, where he pleaded not guilty to charges stemming from the collapse of the Terra ecosystem, which led to a loss of ...
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.