Add Yahoo as a preferred source to see more of our stories on Google. Do Kwon may serve the second half of his 15-year prison sentence in South Korea. Illustration: Darren Joseph Do Kwon, the brash ...
U.S. District Judge Paul A. Engelmayer, who pronounced the sentence, slammed Kwon for repeatedly deceiving investors who had invested their life savings with him, according to Reuters. The judge ...
Add Yahoo as a preferred source to see more of our stories on Google. US Prosecutors to Search Do Kwon’s Emails, Twitter, and Devices in Terra Fraud Case US prosecutors have laid out their plans for ...
Terraform Labs co-founder Do Kwon has received a 15-year federal prison sentence, concluding a case that stemmed from the collapse of the TerraUSD (UST) stablecoin. The collapse wiped out an estimated ...
・Kwon pleaded guilty to two fraud counts after prosecutors reduced a broader nine-count indictment. ・Victims testified about heavy financial losses from TerraUSD’s collapse. ・He must serve half his ...
NEW YORK — Terraform Labs co-founder Do Kwon will wait a little longer than expected to find out how much time he will serve in prison for orchestrating a massive crypto fraud that wiped roughly $50 ...
The U.S. Department of Justice is urging a federal judge to impose a full 12-year prison sentence on Terra founder Do Kwon, citing the scale of the multibillion-dollar fraud that triggered one of ...
Robinhood CEO Vlad Tenev issued his statement on January 28—exactly five years after the GameStop trading halt that thrust his company into crisis. He identified the T+2 settlement system as the root ...
The decision to release Kwon reportedly came from the Council of the Supreme Court, which is set to review a decision that could grant or deny extradition to his native South Korea. South Korean ...
The next hearing in the US government’s case against Terraform Labs co-founder Do Kwon has been delayed until April after prosecutors said they found another four terabytes of evidence. A Manhattan ...
Some of it never existed, some went to the people who figured out how they could exploit the smart contracts to cause an inflationary spiral. Basically terra / Luna was two coins. Luna was billed as ...