According to a Friday report by Bloomberg, a United States jury found Terraform Labs and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022. This development comes as Do Kwon continues to battle criminal cases in the US and South Korea over the sudden collapse of the […]
Extradition Denied: Do Kwon Escapes US Jurisdiction As Montenegro Decision Announced | Bitcoinist.com
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In a significant turn of events, Do Kwon, the founder of Terraform Labs, has once again evaded extradition to the United States as the Montenegro government reversed its decision. The US Securities and Exchange Commission (SEC) had been pushing for charges against Kwon, with March 25th being the deadline for the Montenegro government to take […]
The Do Kwon, founder of failed crypto ecosystem Terra, saga is just getting started as a court in Montenegro recently approved his extradition. The founder could face justice in his home country and the courts of the United States. Multi-Country Legal Battle: Montenegro To Surrender Do Kwon? The High Court in Podgorica, Montenegro, has confirmed […]
The LUNA Classic (LUNC) crashed over 99% from its all-time high price back in 2022 when the Terra network collapsed. Since then, the coin has kind of made its way into a place where most consider it as high risk and similar to a meme coin. Regardless, the crypto still boasts a strong community that […]