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Bookmark or Share- Do Kwon Extradited to the United States from Montenegro to Face Charges ...Do Hyeong Kwon, 33, a citizen of the Republic of Korea, was extradited from Montenegro and appeared in court today in Manhattan to face federal fraud charges. A superseding indictment that was unsealed against Kwon alleged that the co-founder and former chief executive officer of Terraform Labs PTE Ltd. (Terraform) engaged in multiple schemes to deceive investors in order to
- Do Kwon Pleads Not Guilty to Fraud Following Extradition to US ... - YahooKwon's Terraform Labs developed the luna cryptocurrency and algorithmic stablecoin terraUSD, which collapsed in 2022 with the loss of an estimated $40 billion. Kwon faces charges that include ...
- Do Kwon Extradited To The United States From Montenegro To Face Charges ...KWON also caused Terraform to inflate key user metrics to deceive investors. The Chai Misrepresentations: KWON falsely claimed that the Terra blockchain was being used to process billions of dollars in financial transactions for the Korean payment-processing application Chai. In doing so, KWON claimed that the Terra blockchain had “real world ...
- Crypto mogul Do Kwon pleads not guilty in first US court appearanceKwon did not speak during his court appearance, except to acknowledge that he understood English. His lawyer, Andrew Chesley, entered not guilty pleas to two separate versions of the indictment ...
- Do Kwon Pleads Not Guilty to US Charges Over Terra CollapseTerraform Labs Pte. co-founder Do Kwon pleaded not guilty to US fraud charges tied to the $40 billion collapse of the TerraUSD stablecoin. Kwon, 33, entered his plea Thursday before a US ...
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