Mon, December 23

Montenegro Authorities Extradite Former Terra CFO To South Korea

After spending time in jail in Montenegro, Han Chang-joon, the former chief financial officer of Terraform Labs, was extradited to South Korea. Both Terraform Labs and its co-founder, Do Kwon, were detained in March for trying to leave using phony passports. This additional twist adds another degree of complication to

February 5, 2024 1 min read

Singapore High Court Rejects Do Kwon’s Lawsuit Dismissal Plea

The founder of Terraform Labs, Do Kwon, and the company itself might be the targets of a class action lawsuit in Singapore after the High Court’s rejection of a motion to dismiss the case, according to Business Times’ report. Terraform’s legal team sought to have the case transferred to arbitration

December 1, 2023 2 mins read

Montenegro Court Greenlights Extradition for Terra Co-founder Do Kwon

The extradition of Terra co-founder Do Kwon has been accepted by a higher court in Montenegro, according to people with knowledge of the situation. Do Kwon and Han Chang-joon, former executives of Terraform Labs, were each given a four-month jail term in a passport falsification case, and their appeal was

November 24, 2023 2 mins read

Terra Co-Founder Daniel Shin and Others Summoned to Court in South Korea

Prosecutors have summoned Terra co-founders Daniel Shin and 7 others to court on several accusations as South Korea pursues the extradition of Terra co-founder Do Kwon from Montenegro. In the first trial in South Korea, a court heard charges of fraud, breach of duty, embezzlement, and violation of the Capital

July 10, 2023 1 min read

Swiss Authorities Seize $26M in Crypto and Fiat Linked To Do Kwon

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

June 26, 2023 2 mins read

Terra Co-founder Do Kwon Sentenced to 4 Months Prison in Montenegro

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

June 19, 2023 1 min read

Do Kwon Accuses Chinese Agency in Passport Forgery Case

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

June 19, 2023 2 mins read

Court Orders Extradition of Do Kwon to South Korea Post Bail Approval

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

June 15, 2023 2 mins read

Terra Classic (LUNC) Makes a Comeback With Massive Surge

In an exciting turn of events, Terra Classic (LUNC) has demonstrated remarkable resilience against building selling pressure, leading to a substantial recovery in its value. At the time of writing, the cryptocurrency experienced a notable surge, with LUNC trading up over 4% at $0.0000953. This surge also marks a significant

June 14, 2023 1 min read

Terra Classic (LUNC) Exhibits the Bullish ‘Red-Hot’ Spike of the Week

Terra Classic (LUNC) reawakens in trend and marks a change in its trajectory in the crypto market. Remarkably, the 30% surge by LUNC on Sunday initiated the community’s bullish hype. Besides this, the cryptocurrency attained the max peak in terms of its 24-hour trading volume in the past four months.

June 5, 2023 2 mins read