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Do Kwon

Terraform to wind down operations; Consensys’ suit dismissed
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24 September, 2024

Terraform to wind down operations; Consensys’ suit dismissed

Terraform will execute its bankruptcy plan following approval from a U.S. judge, while Consensys had its suit against the SEC's...
Terraform Labs, Do Kwon agree to $4.5B SEC settlement that they can’t pay
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14 June, 2024

Terraform Labs, Do Kwon agree to $4.5B SEC settlement that they can’t pay

Apart from the settlement that they couldn't afford to pay in full, the SEC also ensured the dissolution of Terraform...
Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion
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1 May, 2024

Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion

Lawyers representing Terraform Labs and its disgraced co-founder Do Kwon have filed a motion opposing U.S. SEC’s request for $5.3...
US to challenge extradition of Do Kwon to South Korea
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11 March, 2024

US to challenge extradition of Do Kwon to South Korea

The U.S. DOJ said it would continue to seek the extradition of Do Kwon to the United States, fearing that...
Do Kwon to miss part of US fraud trial due to extradition delay
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5 March, 2024

Do Kwon to miss part of US fraud trial due to extradition delay

Initially set for January 29, the SEC postponed Do Kwon’s trial by two months to allow him to attend, but...
South Korea wants digital asset criminals sentenced to life imprisonment
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8 February, 2024

South Korea wants digital asset criminals sentenced to life imprisonment

The new amendments will hand life sentences to any criminal that embezzles over $3.8 million, with the minimum time served...
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