Do Kwon

The founder of Terraform Labs hired the world's largest law firm Dentons to represent the businessman during the investigation by the U.S. Attorney's Office. This is not the first time Do Kwon has used the services of Dentons. Businessman hired company attorneys to challe ...

The Supreme Court of Montenegro overturned the lower court's decision to release Terraform Labs founder Do Kwon on bail. Earlier in May, the court allowed Do Kwon and former Terraform CFO Han Chang-Joon to be released from custody after being accused of document forgery b ...

The Wall Street Journal (WSJ) reports, citing court documents, that market maker Jump Trading received $1 billion through its deals with Terraform Labs. According to the documents, the company purchased millions of UST tokens in 2021, hoping to manipulate their value. ...

The Court of Montenegro allowed the release from custody of the founder of Terraform Labs, whom the country's authorities accused of forgery. In addition to Do Kwon, the company's former chief financial officer Han Chang-Joon will also be ...

Han Chang-jung was released along with him The bail for the two was approximately $870,000 It was paid by the defendants' wives Scandalous Terraform Labs co-founder Do Kwon has been released from jail pending trial after posting $436,000 bail. This ...

This included luxury housing, bank deposits and cars The crook won't need them anytime soon A South Korean court has granted the local prosecutor's request to freeze Do Kwon's domestic assets and property worth 233.3 billion Korean won ($176 million). The asse ...

South Korean authorities seek Kwon's extradition Most of the evidence is held in the fraudster's home country The scandalous co-founder and CEO of Terraform Labs Do Kwon risks 40 years in prison. South Korean authorities are also seeking Kwon's extradition. Pr ...

South Korea is vying with U.S. prosecutors for the right to extradite former Terraform Labs co-founder Do Kwon to its territory, where he will face fraud charges. In a media interview in South Korea, the prosecutor leading the Do Kwon investigation said he believes extradit ...

The SEC previously said Kwon transferred $100 million to the bank account Part of the money was spent on a lawyer South Korean and U.S. investigators requested the accounts be frozen In February, the SEC reported that Do Kwon transferred 10,000 BTC to ...

South Korean officials have leveled accusations of capital markets law violations against a group of Terraform Labs personnel, including co-founder Daniel Shin. Along with seven others, Shin faces charges of illegal trading, while two others are charged with breach of trust. According to prose ...

The Montenegrin prosecutor's office has alleged that Do Kwon, the founder of Terraform Labs, made and utilized counterfeit identification documents, including a fake passport. This revelation was reported by DL News. Kwon reportedly attempted to fly from Podgorica to Dubai using the fraudulent do ...

The police in Serbia have taken possession of an apartment in Belgrade where Do Kwon, the founder of Terraform Labs, had been hiding for six months before being apprehended in Montenegro. The duplex, worth €2.2 million, was raided by the police on Friday, after it was revealed that Han Chang-Joon ...

KBS, a South Korean broadcaster, reported on the attempts of the Republican prosecutor's office to seize profits earned by businessmen in the Terra (Luna) ecosystem at Terrafarm Labs. Journalists revealed that Do Kwon and his assistants owned a massive sum of 415.5 billion South Korean won, equiv ...

According to reports from KBS News, South Korean law enforcement agencies have confiscated assets worth approximately 200 billion won ($153.6 million) from former employees of Terraform Labs. The Financial Crime Investigation Team of the Seoul Southern District Prosecutor's Office has seized the ...

During a recent press conference in Podgorica, Montenegro, Justice Minister Marko Kovac announced that Do Kwon, the former CEO and founder of Terraform Labs, along with his business partner Hon Chang-joon, were arrested on March 23 while attempting to flee to Dubai with false documents. According ...

According to reports from various media outlets, Do Kwon, the founder of Terraform Labs, established a new company in Serbia for a remarkably low price of less than $1 just a few weeks after being placed on the international wanted list by Interpol. Kwon founded a company named "Codokoj22 d.o.o. ...

The businessman's legal representative has confirmed that a complaint has been filed against the recent decision made by the court in Montenegro. The court ruled to extend the custody of Terraform Labs' founder, Do Kwon, for an additional 30 days. Do Kwon was initially arrested after attempting t ...

Montenegro's law enforcement authorities made headlines when they apprehended the CEO and co-founder of Terraform Labs at the airport in the capital city. Filip Adzic, the foreign minister of the Balkan country, revealed that Do Kwon had turned into one of the most sought-after criminals on the r ...

Following the recent arrest of Do Kwon, the founder of Terra, in Montenegro, U.S. prosecutors have filed criminal charges against him on allegations of fraud, securities fraud, wire fraud, commodity fraud, and conspiracy to manipulate the market. The charges come as American law enforcement seeks ...

The US Department of Justice is reportedly investigating the crash of the stablecoin TerraUSD, which occurred last year. Sources familiar with the situation revealed to the Wall Street Journal that former Terraform Labs employees who handled the USTC stablecoin have already been interrogated by t ...