Extradition of Do Kwon Unlikely Before End of March, Lawyers Says
Do Kwon may not be extradited to the US in time for the company's trial before the SEC of that nation, his attorneys have stated.
Tag terra
US Extradition Order for Terra Founder Do Kwon Issued
Do Kwon is expected to be extradited to the US to face fraud accusations. Kwon has been detained in Montenegro since March 2023.
US SEC Supports Do Kwon’s Request to Start Trial Post-Extradition
In support of Do Kwon's attorneys, the US SEC agreed to move the trial forward following the co-founder of Terraform Labs' extradition.
Montenegro Court Reverses Decision: Do Kwon’s Extradition Approval Canceled
The approval for Terra founder Do Kwon's extradition to the US or South Korea has been revoked by a Montenegrin judge.
Confidential Filings by Jump Crypto in SEC v. Terraform Labs case
Materials from Jump Crypto Holdings have been admitted into discovery in a federal court as part of the US SEC's lawsuit against Terraform Labs.
Do Kwon Admits to Faking Trading Volume, SEC Documents Reveal
Key Takeaways In a startling revelation, Do Kwon, the founder of Terraform Labs, has admitted to fabricating trading volume in a text message exchange with Daniel Chin, the founder of payments app Chai, as revealed in court documents filed by…
Terra Community Votes to Cease Minting USTC, Aims to Re-establish Peg
Key Takeaways In a significant development within the Terra Classic community, a proposal to halt minting and reminting activities related to TerraClassicUSD (USTC) has garnered support from the majority, with 59% of the community members in favor of the change.…
Terra Money Website Frozen to Thwart Phishing Scams
To shield consumers from continuous phishing schemes on the network, Layer-1 blockchain Terra has momentarily shut down its website.
SEC Lawsuit Against Terraform Labs Stands as Judge Rejects Dismissal
A federal judge rejected Terraform Labs' request to dismiss the SEC's lawsuit against it.
South Korea Forms Interagency Task Force For Crypto CrimesÂ
Key Takeaways: In response to the increasing incidents of cryptocurrency-related crimes in the country, South Korea has taken decisive action by establishing an “Interagency Task Force” dedicated to addressing these challenges. The task force is composed of representatives from various…
