Brazilian Court Imposes Fine on Crypto Pyramid Scheme Organizer Instead of Prison
A Brazilian court has given the organizer of the crypto pyramid scheme Mirror Trading International (MTI) a monetary fine instead of the three and a half years in prison he was expecting. The court found Johann Steynberg guilty of using forged identity documents. Although Steinberg was sentenced ...
Crypto-Businessman Alexander Vinnik Seeks Inclusion in Prisoner Exchange with the U.S.
Russian Alexander Vinnik, who is under arrest in the U.S. on charges of laundering up to $9 billion through the BTC-e exchange, is trying to get him included in any prisoner exchange option between Moscow and Washington. The crypto-businessman would like the option of an ...
South Korean Authorities Pursue Extradition of Terraform Labs CEO Do Kwon
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 and US Prosecutors Vying for Extradition of Former Terraform Labs Co-founder
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 ...
Founder of Terraform Labs accused of using fake passport
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 ...
Founder of Thodex Exchange to Be Extradited Back to Turkey for Fraud and Theft Charges
The Turkish Ministry of Justice announced that preparations for the extradition of the founder of the Thodex exchange have been completed and that he will be handed over to law enforcement agencies next Thursday. Faruk Fatih Ozer fled Turkey last year and was wanted by Interpol on charges of frau ...
South Korean Prosecutor’s Office Pursues Terrafarm Labs Leaders Over Profits from Terra Ecosystem
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 ...
Do Kwon, Founder of Terraform Labs, Faces Extradition Demands from US and South Korea
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 ...