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Tag: Kwon

Do Kwon And Terraform Labs Found Liable For $40 Billion Fraud – The Defiant

The jury voted unanimously against Kwon. The United States Southern District of New York jury found Terraform Labs and its co-founder Do Kwon misled...

New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case

Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm that...

Terra Founder Do Kwon Found Liable for Fraud in SEC Lawsuit – Decrypt

A New York jury has determined that Terraform Labs and its founder, Do Kwon, are liable for civil fraud charges, siding with the U.S....

Montenegro Supreme court once again blocks Do Kwon’s extradition

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›Connected to AlphaWelcome!...

Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

During her closing arguments on Friday, SEC attorney Laura Meehan told the jury that during a prior de-peg in May 2021, Kwon and Terraform...

How Is The Domestic Crypto Regulation Scenario In 2024? – JD Supra – CryptoInfoNet

In 2008, as the global banking system melted down, a shadowy figure or figures in a dim room filled with empty Cheetos bags created...

Crypto Heavyweights Torn Over Ethena’s New Stablecoin – The Defiant

Yearn’s Andre Cronje is the latest DeFi OG to sound the alarm. Ethena Labs launched its USDe synthetic dollar on Feb. 21, causing a...

$4,100,000 Crypto Fraud Scheme Promising Large Returns Busted in South Korea: Report – The Daily Hodl

South Korean police have detained two individuals for allegedly running a fraudulent crypto-based scam. According to the South Korean news outlet Chosun, a young duo in...

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