Cryptocoins News / Blockchain - 2 years ago
Terraform Labs co-founder, Do Kwon's lawyers have argued in court against the SEC's lawsuit for illegally offering unregistered securities. The lawyers claim the SEC's acquisitions are unfounded and that the stablecoin in question is a currency, not...
Bitcoin News / Bitcoin.com - 2 years ago
Nearly a month after Do Kwon’s arrest by Montenegro law enforcement, local prosecutors have now indicted the co-founder and CEO of Terraform Labs. The decision to indict Kwon is likely to delay attempts to extradite him to South Korea and the U...
Cryptocoins News / Blockchain - 2 years ago
South Korean prosecutors confirmed that Terraform Labs CEO Do Kwon sent $7 billion to a top South Korean law firm, Kim & Chang, right before the collapse of the Terra ecosystem. The prosecutors believe that Kwon's decision to send the funds was...
Cryptocoins News / Blockchain - 2 years ago
Terraform Labs CEO, Do Kwon, sent millions to a South Korean law firm right before the company's collapse. Prosecutors believe Kwon's actions were deliberate and prove his awareness of the impending collapse and anticipated legal problems. Kwon is cu...
Bitcoin News / Bitcoin.com - 2 years ago
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash w...
Cryptocoins News / Blockchain - 2 years ago
A South Korean court denied a request for an arrest warrant for Terraform Labs co-founder, Shin Hyun-Seong, citing unconfirmed allegations and the unlikelihood of Shin being a flight risk. Shin currently faces multiple fraud charges and is accused of...
Cryptocoins News / Blockchain - 2 years ago
Terraform Labs co-founder Do Kwon will appeal the Montenegrin court’s decision to extend his detention time for up to 30 days. Kwon was caught using fake documents at the airport and was detained due to the high possibility of escape. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the T...
Cryptocoins News / Finance Magnates - 2 years ago
<p>New York federal prosecutors have brought criminal charges against Do Kwon, the Co-Founder and CEO of collapsed crypto firm Terraform Labs, only a few hours after his <a href="https://www.financemagnates.com/cryptocurrency/terra-foun...
Bitcoin News / Bitcoin.com - 2 years ago
According to Montenegro’s interior minister Filip Adzic, Terraform Labs co-founder Do Kwon was apprehended at Podgorica airport allegedly bearing falsified documentation. Adzic added that investigators are “waiting for official confirmation of his id...
Cryptocoins News / EthereumWorldNews - 2 years ago
Terraform Labs founder Do Kwon has reportedly been arrested in Montenegro.& The country’s Minister of Interior announced Kwon’s arrest on Twitter.The fugitive founder was detained at Podgorica airport for falsifying documents.& South Korea,...
Cryptocoins News / The Cointelegraph - 2 years ago
The former blockchain executive is wanted by Interpol for his role in the $40-billion collapse of the Terra ecosystem in May 2022. According to a post from Filip Adzi...
by COINS NEWS - 2 years ago
submitted by /u/SuperSaiyanStacker [link] [comments]
Bitcoin News / Google News Bitcoin - 2 years ago
Report: DOJ and FBI Investigating Terraform Labs in Connection to ...& & Bitcoin News
Bitcoin News / Bitcoin.com - 2 years ago
The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terr...
Cryptocoins News / Blockchain - 2 years ago
Singaporean police have launched an investigation into Terraform Labs, the company co-founded by Do Kwon, who was accused of fraud by the US Securities and Exchange Commission (SEC) last month. The SEC has alleged that Kwon laundered over $100m worth...
by COINS NEWS - 2 years ago
submitted by /u/Charon751 [link] [comments]
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: Singapore’s police disclosed an ongoing investigation into Do Kwon’s blockchain company and Luna developer Terraform Labs.The company is the subject of several probes by South Korean authorities and US regulators.Interpol and Sout...
by COINS NEWS - 2 years ago
submitted by /u/jooro_a [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
Local police in Singapore sent an email on Monday saying they have begun a probe connected to Do Kwon’s Terraform Labs. Local authorities in Singapore announced they h...
by COINS NEWS - 2 years ago
submitted by /u/ReasonableHat600 [link] [comments]
Bitcoin News / Google News Bitcoin - 2 years ago
Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform Accounts After Collapse: SEC& & CoinDesk
Bitcoin News / Google News Bitcoin - 2 years ago
Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of ...& & CoinDesk
Cryptocoins News / CoinJournal - 2 years ago
The SEC has charged Terraform and its founder with fraud. The SEC accuses Terraform Labs of embezzling billions of dollars from investors. The news has sent the price of Terra LUNA crushing. The US Securities and Exchanges Commission (SEC) has char...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The US <a href="https://www.financemagnates.com/terms/s/securities-and-exchange-commission-sec/" class="terms__main-term" id="3718b4df-fc5f-479a-861e-f52759439c15" target="_blank">Securities and...
