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.
Summary: A Lawyer for Coinone’s former Listing Director Mr. Jeon and his broker Mr Ko responded to bribery charges during...
A South Korean district court in Seoul ruled against the notion that Do Kwon's Terra Classic (LUNC) is a security under the country's Capital Markets Act.
Fugitive and Terraform Labs founder Do Kwon paid $7 million to South Korean law firm Kim & Chang before Terra wiped out $40 billion from the market in May 2022.
Summary: The South Korean crypto exchange suffered an exploit of its hot wallet over the weekend, per an official Monday...
The United States and South Korea have both requested the extradition of Do Kwon from Montenegro. The country's Justice Minster has clarified that court proceedings in Montenegro will have priority over extradition.
Summary: The crypto exchange was raided by South Korean prosecutors investigating price manipulation linked to an unnamed coin. Authorities noted...
According to a report by South Korean local media, Do Kwon instructed a Terra employee to manipulate the price of Terra in order to match it to a specific price target.