Do Kwon, Terra Labs’ founder, is in the middle of a legal dispute with the SEC. His extradition to the United States is a top priority for the SEC. By taking these measures, it hopes to open up dialogue about the catastrophic losses of the Terra ecosystem. Kwon’s lawyers, though,
To prosecute its fraud case against Terraform Labs and its founder, Do Kwon, a New York federal court has ruled that the U.S SEC may proceed with the case. Nonetheless, the court let the securities regulator go forward, contradicting a prior finding by colleague Judge Analisa Torres, who found that
A platform with the stated goal of “deanonymizing the blockchain” has approved its first input, which details wallet addresses associated with Terraform Labs and its co-founder, Do Kwon. On July 24, Arkham Intel Exchange announced that it had accepted a submission from two “on-chain sleuths.” For which a bounty of
Prosecutors in Switzerland were urged by the US Securities and Exchange Commission (SEC) and the New York Federal Prosecutors Office to seize cryptocurrency and fiat cash held by digital asset bank Sygnum on behalf of Terraform Labs and its co-founder Do Kwon. Dentons, the elite legal firm representing Terraform Labs
On Monday, the Basic Court of Montenegro decided in favor of the prosecution in the passport falsification case, convicting Terra co-founder Do Kwon and former CFO Han Chang-joon. Within the next six months, Montenegrin officials will have completed their investigation and legal process necessary to extradite Terra co-founder Do Kwon
Terraform Labs founder, Do Kwon, firmly denied allegations of forging travel documentation and distanced himself from any financial connections with Europe Now party leader, Milojko Spajić, during a Montenegro court hearing. Kwon attributed the alleged passport forgery to a Chinese-named agency. According to a report by South Korean news outlet
According to those acquainted with the case, the Montenegro High Court has granted bail to Terra co-founder Do Kwon and former CFO Han Chang-joon. The High Court judge who oversaw the probe also determined that South Korean nationals who were being held for possible extradition to South Korea would stay
A lawyer for Terra co-founder Do Kwon and former CFO Han Chang-joon said on Friday that their bail request had been granted for a second time by the Montenegro Basic Court. Prosecutors in Montenegro have three days to file an appeal of the court’s decision. Montenegro Basic Court has once
Reportedly facing indictment and investigation by US federal authorities, Terra co-founder Do Kwon has retained the services of one the biggest legal firm in the world, Dentons. Do Kwon has been represented by Dentons before. Many times he sought legal counsel from Dentons to fight subpoenas and lawsuits. The bail
The Montenegro High Court unexpectedly overturned an earlier ruling allowing contentious Terraform Labs co-founder Do Kwon to be released on bail. According to a court statement released on Thursday, Do Kwon’s request for bail was granted, but later it was rejected. In March, Terra’s founder, a South Korean, allegedly attempted
