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Kwon, Terra and securities fraud
Former crypto executive Do Kwon due in US court on criminal fraud charges
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was set to appear in U.S. court on Thursday to face criminal fraud charges after being extradited from Montenegro this week.
Terraform Labs co-founder Do Kwon will face securities fraud charges in the US
Terraforms Labs CEO Do Kwon spent the last day of 2024 getting extradited to the US, Reuters reports. Kwon faces charges in the US for "orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.
Terra Classic Token Spikes After Terraform Labs Co-Founder Do Kwon Extradited To The US From Montenegro
Terra Classic (CRYPTO: LUNC), the native token of the Terra ecosystem, rallied on New Year’s Day amid disgraced co-founder Do Kwon’s extradition from Montenegro to the U.S. Kwon, co-founder of Terraform Labs,
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Crypto Mogul Do Kwon Extradited to US to Face Charges
Montenegro extradited South Korean cryptocurrency mogul Do Kwon to the United States to face criminal fraud charges.
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Terraform Labs Co-Founder Do Kwon Extradited to U.S. from Montenegro
The entrepreneur faces charges of deceiving investors about the stability of TerraUSD, his company's cryptocurrency.
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