Terraform Labs founder Do Kwon to be extradited by Montenegro
Following the approval, it is now up to Montenegro’s Minister of Justice to decide which country gets the first crack at Do Kwon, who is currently detained in Montenegro.
Latest TerraUSD News
Terra co-founder Daniel Shin faces first court hearing in South Korea
The South Korean court noted that it would study the submissions of Daniel Shin's legal team; both parties are expected to be in court on August 28 for a second hearing.
Terraform Labs: Jail time for founder Do Kwon in Montenegro over document forgery charges
The LUNA and TerraUSD founder was taken into custody over charges of document forgery, but he will complete his sentence in a month as the time he spent in detention will be considered.
FBI and New York authorities probe collapse of TerraUSD
Building on the SEC's earlier announcement, the U.S. DOJ and FBI are reportedly pursuing fraud charges against Terraform Labs CEO Do Kwon in relation to the collapse of TerraUSD stablecoin in May.
Singapore opens new investigation against Do Kwon’s Terraform Labs
Law enforcement authorities in Singapore are probing Terraform Labs for evidence of fraudulent activity or complicity in the de-pegging of its TerraUSD.
Terraform Labs founder Do Kwon defrauded investors, US SEC charges say
Terra founder Do Kwon's future is looking bleak as the U.S. SEC cements the allegations against him that resulted in the collapse of the trading system by formally filing charges.
3AC’s tangled web leaves creditors out missing billions
The bankruptcy of ‘crypto’ hedge fund Three Arrows Capital (3AC) continues to rock the wider digital asset sector, threatening an ever-widening pool of companies that put their trust in a pair of scammers.
The CoinGeek Pulse Episode 95: 3AC founders missing, US Treasury digital assets framework, blockchain games investments
Founders of Three Arrows Capital (3AC), a ‘crypto’ hedge fund, appeared to have gone missing after filing for bankruptcy.
US court freezes Three Arrows Capital assets and approves subpoenas for founders
The order was made in response to an emergency motion by liquidators, who say that 3AC’s founders—Su Zhu and Kyle Davies—have been uncooperative.
The CoinGeek Pulse Episode 88: Treasury renews call for regulation amid UST and Luna collapse as Instagram integrates NFTs
UST, a stablecoin pegged to the U.S. dollar, along with its sister token Luna, plunged to its lowest value—dropping as low as below $0.30 and losing about $40 billion of its market cap in 48 hours.