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Creator of $40B fraud company Terraform extradited to face charges
The co-creator of the cryptocurrency platform Terraform Labs PTE Ltd. (Terraform) has been extradited to face $40B fraud charges. Do Hyeong Kwon, 33, a citizen of the Republic of Korea, was subject to an extradition order from Montenegro and appeared in a Manhattan court to face federal fraud charges.
Terraform Labs co-founder Do Kwon will face securities fraud charges in the US
Terraforms Labs CEO Do Kwon spent the last day of 2024 getting extradited to the US, Reuters reports. Kwon faces charges in the US for "orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.
Ex-Terraform CEO Extradited to US Over Crypto Fraud Charges
Authorities say Do Hyeong Kwon, former CEO of Terraform Labs, appeared in a Manhattan federal courtroom Thursday after facing extradition from Montenegro over
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 deceived investors about the stability of the TerraUSD cryptocurrency and how an app used the Terraform blockchain.
Terra Classic Token Spikes After Terraform Labs Co-Founder Do Kwon Extradited To The US From Montenegro
Terra Classic (CRYPTO: LUNC), the native token of the Terra ecosystem, rallied on New Year’s Day amid disgraced co-founder Do Kwon’s extradition from Montenegro to the U.S.
Terraform Labs co-founder Do Kwon will face fraud charges in the US
Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited to the U.S. to face federal fraud charges.
kalkinemedia
11h
U.S. Pursues Terraform Labs Co-Founder Over Billion-Dollar Cryptocurrency Fraud
Highlights,Do Hyeong Kwon faces U.S. court for his role in Terraform Labs’ $40 billion fraud.,Kwon allegedly manipulated ...
Hoodline
13h
Crypto Titan Do Kwon Extradited to Face Justice in Manhattan, Accused of Perpetrating $40 Billion Terraform Fraud
Do Kwon was extradited from Montenegro to face fraud charges in the US related to Terraform's $40 billion collapse.
Mozilla
17h
Terraform boss makes confession to US prosecutors
Do Kwon, the boss of cryptocurrency company Terraform Labs, made a confession in a US court on Thursday after being ...
Tuko on MSN
15h
Extradited crypto ‘genius’ in court to face charges
The South Korean co-founder of Terraform Labs appeared in a New York court on Thursday (Friday in Manila) to face fraud ...
1d
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 ...
20h
Terraform boss Do Kwon pleads not guilty in US court
Terraform cryptocurrency boss Do Kwon is on trial in a US court for fraud. Although he confessed, he does not consider ...
12h
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 ...
coinspeaker
1d
Do Kwon Pleads Not Guilty to US Fraud Charges: Major Turn in $40B Collapse
Terraform Labs' Do Kwon pleads not guilty to US fraud charges in court, marking a major turn in crypto's $40B collapse saga.
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