Do Kwon

Terraform Labs advocates for a $1 million penalty instead of the $5.3 billion sought by the SEC after Do Kwon's fraud conviction, arguing for financial responsibility distinctions.

Do Kwon faces a historic fine for fraud and unregistered securities sales, setting a precedent in the crypto industry's regulatory landscape.

SEC pursues Terraform Labs & Do Kwon, seeks $5.2B penalty. Kwon fights back with $3.5M & $800K counter. SEC aims to oust Kwon, prevent future violations. Legal battle ensues amidst ongoing drama.

The federal regulator established that the stablecoin issuer and its founder provided misleading information to investors.

Prosecutors seek stricter bail conditions for Binance founder Zhao, citing flight risks due to wealth and connections. Despite legal hurdles, Binance saw a 30% increase in users, potentially boosted by smooth leadership transitions and Zhao's positive reputation.

Do Kwon, Terraform Labs' co-founder, faces extradition to the U.S. for charges related to a "multi-billion dollar crypto asset securities fraud" following the 2022 UST collapse.

Post-Terra's collapse, executives face extradition and potential life sentences, sparking major regulatory reforms in South Korea’s cryptocurrency landscape.

Explore the intricate legal battle between Citadel Securities and Terraform Labs over the collapse of terraUSD (UST). Dive into the allegations, Citadel's firm denial, and the broader implications for the cryptocurrency market.

Explore the intricate legal battle of Do Kwon, the former CEO of Terra Labs, as he seeks a delay in his SEC trial while awaiting extradition from Montenegro. Dive into the complexities of cryptocurrency regulation and international law in this detailed analysis.

Terraform Labs and founder Do Kwon face SEC allegations of misleading investors about TerraUSD's stability.