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The Latest Breaking News from Do Kwon

Terraform Labs' Do Kwon Seeks U.S. Trial Adjournment Amidst Montenegro Extradition Setbacks

The delay in Mr. Kwon's extradition proceedings in Montenegro was a direct result of an appeal made by his legal team, which successfully gained the court's approval.

International Business Times

Here are the biggest crypto stories of 2023

In 2023, crypto industry onlookers were shocked by high-profile arrests and Sam Bankman-Fried’s trial but also given hope by a flurry of spot Bitcoin ETF applications and rebounding prices.

Fortune

Do Kwon, Terraform Labs Win In Court But SEC Secures Victory In Securities Ruling

Judge Jed Rakoff of the U.S. District Court for the Southern District of New York has granted summary judgment over the SEC's claim that Terraform Labs, the blockchain firm co-founded by Kwon, offered unregistered securities and security-based swaps.

International Business Times

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Judge rules Terra ‘stablecoin’ and other tokens are securities in victory for the SEC and departure from Ripple case

The doomed crypto project created by Do Kwon still faces fraud-related charges.

Fortune

2023 in crypto and web3: Scams, collapses, and finally some consequences

Et tu, Mutant Ape Planet?

PC Gamer

Fortune Crypto’s 2023 Jealousy List

Fortune Crypto picks the team’s favorite non-Fortune stories of 2023.

Fortune

Judge Approves Protective Order In SEC Vs Terraform Labs Case, Court Filings To Stay Confidential

The SEC and Terraform Labs have agreed to the terms approved by the court, requiring both parties to not disclose materials marked as confidential. All discovery filings marked as confidential should also be sealed.

International Business Times

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Extradition Revoked: Do Kwon Of Terraform Labs Stays In Montenegro Pending Appeal

Prior to Kwon's extradition appeal, a report alleged that Montenegro's Justice Minister, Andrej Milovic, had already made the decision to send Kwon to the U.S. before it was publicly announced.

International Business Times

Do Kwon's Montenegro Detention Extended Until February 2024 Amid US, South Korea's Extradition Requests

The decision was made after the U.S. and South Korea made extradition requests to prosecute the crypto entrepreneur on charges related to the collapse of the TerraUSD stablecoin.

International Business Times

Montenegro's Extradition Plan Might Not Bode Well For Do Kwon's Legal Odyssey

During closed-door discussions, Montenegro's Justice Minister Andrej Milovic reportedly mentioned his plans to extradite Do Kwon to the U.S., where is facing multiple criminal charges.

International Business Times

Montenegro Court Of Appeal To Review Decision On Do Kwon's Extradition

Late last month, the Montenegrin High Court announced that it has "approved the extradition" of Kwon as requested by his home country South Korea and the U.S.

International Business Times

SEC Got Help From Whistleblowers To Build Fraud Case Against Do Kwon And Terraform Labs: Lawyers

During a hearing at a Manhattan court last Thursday, lawyers for Kwon said that unnamed whistleblowers, one of them from Jump Trading Group, had helped federal regulators in building their fraud case against the Terra co-founder.

International Business Times

Do Kwon Suffers Another Major Legal Defeat Amid Imminent Extradition From Montenegro

Aside from charges in the U.S. and in his home country, Kwon could be facing another class-action lawsuit in Singapore.

International Business Times

Terra Classic Soars 25% While Bitcoin, Ethereum Take A Backseat Amid Do Kwon’s Growing Legal Woes

Amidst the legal turmoil surrounding Terraform Labs and its founders, the cryptocurrency they created, Terra Classic (CRYPTO: LUNC) is blazing past Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH)

Zenger

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PC Gamer

With Sam Bankman-Fried in the slammer, now the fugitive crypto 'Lunatic' behind 2022's $40B crash is being extradited from his Montenegrin getaway

The question is whether he goes to South Korea or the US.

International Business Times

Quo Vadis, Do Kwon? Montenegro Green-Lights TFL CEO's Extradition

Do Kwon must serve his sentence in Montenegro before the extradition takes place.

Fortune

Do Kwon denied appeal in Montenegro as possible extradition to South Korea or U.S. looms

The disgraced former CEO of Terraform Labs was caught trying to use a fake passport to flee Montenegro in May.

Fortune

'A vision for how we can salvage this': Terraform Labs interim CEO says a new stablecoin isn't part of the plan to clean up Do Kwon's mess

The company infamously created a failed algorithmic stablecoin that destroyed tens of billions of dollars in value.

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Evening Standard

South Korean ‘cryptocrash king’ Do Kwon jailed for forged passports

Police in Montenegro arrested Kwon in March when he was attempting to travel to Dubai

Fortune

Terra's Do Kwon sentenced to 4 months in a Balkan prison for document forgery

Do Kwon is also awaiting Montenegro's decision on whether to extradite him to the U.S. or South Korea.

Fortune

Do Kwon to be taken into extradition custody as Montenegro considers South Korea's request

Both South Korea and the U.S. have requested to extradite the disgraced crypto founder.

Bangkok Post

Narrow lead for pro-Europe party in Montenegro parliamentary polls

PODGORICA (MONTENEGRO) - Montenegro's new pro-European party held a slim lead in parliamentary elections on Sunday, according to results from a leading pollster, likely spurring days of coalition building before a government forms.

Fortune

The surprise wildcard in tiny Montenegro’s election: a notorious crypto fugitive

Ponzi schemer Do Kwon, who is in prison over the collapse of the Terra stablecoin, could shape Sunday's election. Here's why.

The Independent UK

Montenegro holds snap parliamentary vote that could determine its EU path

Montenegro votes in an early parliamentary election which is seen as a test of whether the small NATO-member Balkan country can overcome deep internal political divisions and instability that have hampered its European Union membership path

Fortune

Higher court in Montenegro overturns bail request for Terra's Do Kwon

Kwon and his firm's former CFO each had been granted a bail of 400,000 euros by a lower court.

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