The SEC has signaled that it will appeal the ruling by Judge Analisa Torres about XRP not qualifying as a security. The ruling was cited by Do Kwon in his motion to dismiss the regulator's lawsuit against him.
Do Kwon's Terraform Labs has appointed Chris Amani as its new Chief Executive Officer. Amano previously served a dual role as the firm's COO and CFO.
The prosecutor heading the probe into Do Kwon and Terraform Labs believes that Do Kwon may be handed a record 40 year prison sentence. The Terra founder could then be extradited to the US to face trial and serve a separate jail term if convicted.
Recent court filings made by the SEC confirmed that Chicago-based Jump Trading entered a secret deal with Do Kwon and Terraform Labs to prop up TerraUSD a year before its collapse.
Lawyers representing Do Kwon have requested a New York Judge to dismiss the securities fraud lawsuit filed by the SEC. The lawyers argued that there were no securities involved in the matter.
Local prosecutors in Montenegro have indicted Terraform Labs co-founder Do Kwon for forging his travel documents. The indictment comes almost a month after Kwon was arrested while attempting to board a private jet to Dubai.
Seven persons including Do Kwon generated around $92 million from selling pre-issued Terra tokens, prosecutors filing for the asset freeze told the court.
Despite being embroiled in an array of legal allegations and accusations, Luna crypto founder Do Kwon is defiantly protecting himself, which may later land him in additional trouble. South Korean prosecutors have shared new details about Terraform Labs’ founder, Do Kwon. Per the latest report by Bloomberg, Terra’s crypto founder...
A $57 million lawsuit against Terra co-founder Do Kwon has been brought to light by the Wall Street Journal. The lawsuit alleges fraudulent misrepresentation by Kwon.
South Korean authorities demand that crypto company executives testify in a Terra inquiry but witnesses dodge appearing due to mental condition concerns.
South Korean prosecutors have said that Terraform Labs co-founder Do Kwon had made a stop at Dubai before departing to an unknown location. Previous reports of Kwon’s passport being invalid have been denied, though it could become invalid soon. Kwon has shown little concern for this, as he says that...
In an interview with Laura Shin, founder of Terra Luna Crypto, Do Kwon revealed reasons why he is not disclosing his real location in the media. Do Kwon further shared opinions on his arrogant alter ego persona on Twitter. Kwon later shared how he got carried away while posting things...