Terra Classic Sinks As Terraform Founder Do Kwon Set To
12 hours ago · Kwon has been accused of various counts of commodities fraud, conspiracy, securities fraud, and wire fraud in connection with the collapse of LUNC and stablecoin TerraUSD in 2022, which caused an ...
South Korean 'cryptocrash' boss Do Kwon extradited to US - BBC
Dec 27, 2024 · South Korean cryptocurrency entrepreneur Do Kwon will be extradited to the United States from Montenegro over the collapse of two digital tokens - TerraUSD and Luna tokens. For months, the US and ...
Terraform’s Do Kwon to Face 2026 Trial in NY on US Fraud Charges
17 hours ago · Terraform Labs Pte. cofounder Do Kwon will go on trial early next year in the US on criminal fraud charges tied to the $40 billion collapse of the TerraUSD stable coin in 2022.
Terraform’s Do Kwon to Face 2026 Trial in NY on US Fraud Charges
17 hours ago · Terraform Labs Pte. cofounder Do Kwon will go on trial early next year in the US on criminal fraud charges tied to the $40 billion collapse of the TerraUSD stable coin in 2022. US District Judge Paul Engelmayer in New York on Wednesday scheduled the trial for Jan. 26, 2026. It’s expected to last four to eight weeks. Kwon pleaded not guilty last week following a two-year extradition drama ...
US Prosecutors Scale TerraUSD Collapse Impact Ahead of Do …
U.S. prosecutors estimate that the total number of victims in the TerraUSD collapse may exceed one million. Terraform Labs co-founder Do Kwon was extradited to the U.S. Kwon faces nine felony ...
Do Kwon Pleads Not Guilty to U.S. Charges for $40 Billion TerraUSD ...
6 days ago · 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 $40...
TerraUSD-Luna collapse: Montenegro approves Do Kwon's …
Dec 29, 2024 · On Friday, Montenegro’s Minister of Justice announced a decision to permit Do Kwon, the South Korean co-founder of Terraform Labs, to face extradition to the United States over his alleged role in...
Jump Trading crypto subsidiary hit with $123m fine over TerraUSD ...
Dec 21, 2024 · SEC alleges its trades created false stability during the stablecoin’s final days. Jump Trading’s Tai Mo Shan Ltd. will pay $123 million to settle allegations it misled investors by stabilising TerraUSD during its collapse, the Securities and Exchange Commission said Friday.
SEC Charges Jump Crypto Subsidiary for Terra UST Deception
Dec 21, 2024 · Jump Crypto’s wholly-owned subsidiary, Tai Mo Shan, has agreed to a $123 million settlement with the US Securities and Exchange Commission (SEC) for its role in misleading investors about the stability of the TerraUSD (UST) stablecoin. Jump Crypto, a subsidiary of the Chicago-based proprietary trading firm Jump Trading, was integral to …
Terra Classic Community Votes to Stop USTC Minting as ... - CoinDesk
Sep 25, 2023 · The Terra Classic protocol will no longer mint terraUSD (USTC), the infamous token that slumped 99% amid the implosion of the once high-flying Terra protocol in 2022.