Do Kwon
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Terraform Labs Cleared to Wind Down Amid $4.47 Billion SEC Settlement
U.S. Bankruptcy Judge Brendan Shannon approved Terraform Labs' wind-down plan on September 19, 2024.The company agreed to a $4.47 billion settlement with the SEC.Terraform...
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Terraform Labs Faces Trial in New York Amid Fraud Allegations
Terraform Labs and Do Kwon go on trial in New York for fraud.The SEC accuses them of deceiving investors about the TerraUSD stablecoin.Kwon is...
News
Crypto Tycoon Do Kwon Sentenced to Prison in Montenegro for Passport Forgery
A Montenegro court has sentenced South Korean cryptocurrency tycoon Do Kwon to 4 months in prison for using fake passports.Do Kwon was charged in...
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From Terra to Trouble: CEO Do Kwon’s Spy Games Fail, Arrested in Montenegro with Fake Documents
Interpol fugitive Do Kwon, co-founder and CEO of Terraform Labs, was trying to copy James Bond's tricks.Like the famous movie hero in Casino...
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Do Kwon arrested in Montenegro while attempting to enter the country with false documentation
Do Kwon, the co-founder of failed cryptocurrencies terra USD (UST) and luna (LUNA), was caught by authorities in Montenegro, southern Europe, attempting to enter...
News
SEC Files Multi-Billion Dollar Crypto Fraud Lawsuit Against Terra Founder Do Kwon; Alleges Deceptive Marketing Tactics
The U.S. Securities and Exchange Commission (SEC) has sued Do Kwon, founder of the Terra network, the terraUSD (UST) and terra (LUNA) algorithmic stablecoin,...
News
Do Kwon Gets An Arrest Warrant For Misleading Small Investors
A court in South Korea has issued an arrest warrant for Do Kwon, founder of Terra (LUNA) Bloomberg reports in a news release. The...
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Chipotle’s $4B investment plan may fuel growth despite margin pressure
Morningstar expects Chipotle to gain market share through menu innovation, better service, and added convenience despite near-term margin pressure.Chipotle...
FSB flags stablecoin and AI risks ahead of G20 meeting
Financial Stability Board (FSB) says cross-border stablecoin oversight and crisis management frameworks remain immature.Only 11 of 28 surveyed jurisdictions...
Possible Anthropic deal fuels IREN optimism despite concerns
Anthropic reportedly has an unannounced multiyear cloud deal with IREN, though neither company has confirmed the partnership.The potential deal...
