Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Terraform Labs

Montenegro: South Korea, US seek extradition of Do Kwon

Montenegro says both South Korea and the United States have formally requested extradition of Terraform Labs founder Do Kwon, who is wanted in connection with a $40 billion crash of the firm’s cryptocurrency that devastated retail investors around the world

The Independent UK

S.Korea, US seeking extradition of crypto entrepreneur Do Kwon -Montenegro

South Korea and the U.S. are seeking the extradition of Do Kwon, an international fugitive accused of a multibillion-dollar fraud, and another suspect arrested in Montenegro last week, the Montenegrin Justice Minister Marko Kovac said on Wednesday.

Reuters

Do Kwon: S. Korea's crypto 'genius' turned disgraced fugitive

Seoul (AFP) - Once hailed as a genius, South Korean entrepreneur Do Kwon -- now facing multiple criminal charges over his failed cryptocurrency -- was a brash industry figure whose fame disintegrated into global notoriety.

AFP

From analysis to the latest developments in health,
read the most diverse news in one place.

Fugitive 'cryptocurrency king' behind 2022's $40B crash arrested fleeing Montenegro with fake documents

Both the South Korean and US authorities want a word with Do Kwon.

PC Gamer

Crypto founder Do Kwon indicted in US after Montenegro arrest

Co-founder of Singapore-based Terraform Labs faces eight charges, including securities fraud and wire fraud.

Al Jazeera

Man suspected of being crypto fugitive Do Kwon arrested in Montenegro

South Korean CEO of Terraform Labs is accused of multi-billion-dollar fraud involving TerraUSD and Luna currencies

The Guardian - UK

Former Crypto Star Arrested After Months on the Run

Do Kwon, the founder of Terraform Labs, the ecosystem behind the Luna and UST cryptocurrencies which collapsed last May, has been arrested in Montenegro, according to local authorities.

The Street

Read news from The Economist, FT, and more,
with one subscription

Montenegro says it has arrested Korean Crypto fugitive Do Kwon

Podgorica (Montenegro) (AFP) - Fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fraud that shook global crypto markets last year, has been arrested in Montenegro along with another South Korean national, the interior ministry said Thursday.

AFP

Terra founder Do Kwon reportedly arrested in Montenegro

The crypto founder had been dodging authorities for months. Earlier reports placed him in neighboring Serbia.

Fortune

Police: Crypto firm founder Do Kwon arrested in Montenegro

Police in Montenegro say they have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion crash of the firm’s cryptocurrency

The Independent UK

Fugitive Crypto Executive Found Hiding in Balkans

Do Kwon, the founder of Terraform Labs, the ecosystem behind the Luna and UST cryptocurrencies which collapsed last May, has been arrested in Montenegro, according to local authorities.

The Street

Crypto founder Do Kwon indicted in US following Montenegro arrest

Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, has been charged with fraud by U.S. prosecutors.

Reuters

Singapore police have begun probing crypto fugitive Do Kwon’s Terraform Labs

Singapore police said they have begun a probe linked to Terraform Labs Pte, the company co-founded by crypto fugitive Do Kwon.

Bangkok Post

SEC adds more bodies to crypto enforcement unit as companies still await rule book from Gensler

The agency started 2023 with actions against Kraken, Paxos, and Terraform Labs.

Fortune

Get all your
news in one place.

100’s of premium titles.
One news app.

Fortune

Jump Trading revealed as 'third party' in SEC claim against Do Kwon and Terraform Labs

The SEC filed a complaint against Terraform Labs and CEO Do Kwon for allegedly misleading investors.

France 24

Airport strikes disrupt travel across Germany

Labor action at seven German airports is set to ground nearly 300,000 passengers Friday as unions call for higher pay amid decades-high inflation. Portugal is ending its "Golden Visa" program for real-estate investors as housing prices skyrocket, and US regulators charge crypto firm Terraform Labs and founder Do Kwan with…

Fortune

Crypto's very bad year yielded even worse falls from grace. Here's a list.

Some of the industry’s biggest names fell from historic highs historically quickly.

Fortune

Crypto Twitter ablaze after Binance says it's buying FTX

Once considered crypto’s white knight, Sam Bankman-Fried just conceded to his biggest competitor.

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Terra Co-Founder Do Kwon Faces $57M Lawsuit From International Investors

A Singapore-based court is set to hear a lawsuit filed by over 350 international investors against the co-founder of embattled Terraform Labs Do Kwon.

The Street

Crypto Price Check: Market Sees Relief Rally

Cryptocurrency prices are higher with a number posting double-digit gains.

The Street

Crypto Stadium Naming Rights Under Scrutiny During Crypto Winter

FTX and Crpyto.com both have nine-figure deals for the naming rights to major sports stadiums.

Benzinga

Terra CEO Do Kwon Denies Reports Of Frozen Bitcoin

The beleaguered TerraForm Labs CEO Kwon Do-hyung, also known as Do Kwon, denied reports on Wednesday that South Korean prosecutors have frozen Bitcoin (CRYPTO: BTC) assets worth 56.2 billion won ($39.6 million) of

The Street

Fallen Luna Crypto Founder Taunts Authorities

Do Kwon is at the center of investigations into the collapse of sister tokens Luna and UST, which wiped out at least $55 billion.

Evening Standard

Global manhunt begins for crypto boss Do Kwon after stablecoin loses $45 billion in value

South Korea’s special financial crimes unit began an investigation into Kwon’s Terra after a group of five investors filed criminal complaints

The Street

Crypto Price Check: Bitcoin Edges Higher After Fed Action

Cryptocurrency prices are slightly higher one day after the Federal Reserve raises its Fed Funds rate.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.