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South Korean Watchdogs Request Interpol’s Red Notice against Do Kwon

South Korean Watchdogs Request Interpol’s Red Notice against Do Kwon

The controversy surrounding Do Kwon’s whereabouts continues to grow, given that South Korean prosecutors asked Interpol to issue a red notice against the Terraform Labs’ founder.

SBF Suggests LUNA's Collapse Different to Theranos, but Questioning its Marketing Strategy

SBF Suggests LUNA's Collapse Different to Theranos, but Questioning its Marketing Strategy

FTX Derivatives Exchange’s billionaire CEO Sam Bankman-Fried has faulted the marketing strategies of Terra blockchain to gain acceptance from the public.

Korean Prosecutors Consulting if LUNA Classified "Security"

Korean Prosecutors Consulting if LUNA Classified "Security"

The probe into Terraform Labs by South Korean prosecutors is taking a whole new twist as watchdogs are making consultations on how best to classify the collapsed LUNA tokens - now known as Luna Classic (LUNC).

Ex-Terraform Labs CFO Extradited to South Korea in Crypto Fraud Case

Ex-Terraform Labs CFO Extradited to South Korea in Crypto Fraud Case

Han Chang-joon, former Terraform Labs CFO, has been extradited to South Korea for charges of financial fraud in the crypto industry, marking a significant international effort to combat digital asset fraud.

Terraform Labs Staff Discloses LUNA's Potential Risk of Crash but Neglected: South Korean Authority

Terraform Labs Staff Discloses LUNA's Potential Risk of Crash but Neglected: South Korean Authority

The staff of embattled blockchain startup Terraform Labs have been called for questioning as part of an investigation being carried out by the Seoul Southern District Prosecutor’s Office’s joint financial and securities crime investigation team.

SEC Collaborates with South Korea in Probing Terraform Labs and Do Kwon

SEC Collaborates with South Korea in Probing Terraform Labs and Do Kwon

The US SEC has approved collaboration with South Korea to investigate Terraform Labs and co-founders Daniel Shin and Do Kwon. The investigation focuses on Chai Corporation's use of the Terra blockchain and its relationship statements with Terraform. Shin is charged with fraud, while Kwon faces investigations in both the US and South Korea.

Terra co-founder indicted for forging legal documents

Terra co-founder indicted for forging legal documents

The Prosecutor’s Office of the State of Podgorica has indicted former Terraform Labs co-founder Do Kwon for allegedly forging legal documents. Kwon was arrested in March after allegedly attempting to board a flight to Dubai with fake documents. Han Chang-jun, Terraform’s former CFO, is facing similar charges.

Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes

Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes

The plans to compensate affected Terra users is still far from reality.

Terraform Labs co-founder defends against SEC allegations

Terraform Labs co-founder defends against SEC allegations

Do Kwon, co-founder of Terraform Labs, has defended himself against allegations of fraud from the US Securities and Exchange Commission (SEC). Kwon’s lawyers have requested the dismissal of the lawsuit, claiming that the SEC's allegations are unfounded and that US law prohibits regulators from asserting jurisdiction over the digital assets in question. The lawyers also argued that the SEC failed to prove Kwon’s involvement in the collapse of Terra’s stablecoin, UST.

Singaporean Police Force Claims Do Kwon is Not in Singapore

Singaporean Police Force Claims Do Kwon is Not in Singapore

The Singapore Police force has made it known that Kwon is not in Singapore. This statement comes after a Spokesperson claimed that Kwon and five other individuals were issued an arrest warrant and were hiding in Singapore to avoid arrest

Prosecutors Raid Crypto Exchanges amid Terra Probe: Report

Prosecutors Raid Crypto Exchanges amid Terra Probe: Report

South Korean regulators have reportedly raided entities that are connected with Terraform Labs as another effort in the ongoing investigation of the case.

Seoul Prosecutors Reveal Terra's Do Kwon is Hiding in Europe

Seoul Prosecutors Reveal Terra's Do Kwon is Hiding in Europe

South Korean prosecutors believe Do Kwon is currently residing in Europe

Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury

Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury

erraform Labs and Do Kwon face a guilty verdict for defrauding investors in a landmark case, highlighting the need for regulatory compliance in the crypto market.

Do Kwon Suggests Terra Hard Fork to Revive Troubled Network

Do Kwon Suggests Terra Hard Fork to Revive Troubled Network

Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network.

Luna Terraform Labs Opts for Chapter 11 Bankruptcy to Counter SEC's Securities Fraud Lawsuit

Luna Terraform Labs Opts for Chapter 11 Bankruptcy to Counter SEC's Securities Fraud Lawsuit

Terraform Labs files for bankruptcy to appeal against SEC lawsuit, challenging jurisdiction over crypto assets. CEO Amani challenges jurisdiction, affecting cryptocurrency regulation and digital asset classification.

Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement

Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement

South Korean Prosecutors are investigating Do Kwon if they will file Ponzi fraud charges against him following the Terra crash.

Terra Erases 12 Months Bullish Gains with 94% Drop in Value

Terra Erases 12 Months Bullish Gains with 94% Drop in Value

The Terra community is almost in disarray as the ecosystem’s two flagship tokens including LUNA and UST are on a freefall amid the most bearish sentiment the blockchain protocol has ever seen.

Do Kwon Denies Allegations of Cashing Out $2.7Bn through DegenBox

Do Kwon Denies Allegations of Cashing Out $2.7Bn through DegenBox

According to a Twitter user, FatMan Terra, Do Kwon allegedly used the Abracadabra protocol, DegenBox to siphon as much as $2.7 billion from the UST and Terra coffers months leading to the eventual collapse of the Layer-1 protocol.

Terraform Labs Sues US SEC for Illegally Issuing a Subpoena on its CEO

Terraform Labs Sues US SEC for Illegally Issuing a Subpoena on its CEO

Terraform Labs, the Singapore-based blockchain startup behind the Terra protocol has filed a lawsuit against the United States Securities and Exchange Commission for allegedly issuing an illegal Subpoena on its Chief Executive Officer.

SEC Seeks $5.3B Judgment Against Terraform Labs and Do Kwon

SEC Seeks $5.3B Judgment Against Terraform Labs and Do Kwon

The US Securities and Exchange Commission (SEC) has filed a motion for billions of dollars in disgorgement and civil penalties against Terraform Labs and co-founder Do Kwon. The SEC is seeking $4.7 billion in disgorgement and prejudgment interest, along with $520 million in civil penalties. Terraform and Kwon have proposed lower penalties, and the SEC is also considering additional measures to prevent future violations.

Second Circuit Court Order's Terraform Labs and Do Kwon to Comply With SEC's Subpoena

Second Circuit Court Order's Terraform Labs and Do Kwon to Comply With SEC's Subpoena

The 2nd US Circuit Court of Appeals has upheld a ruling that compels blockchain startup Terraform Labs and its co-founder Do Kwon to comply with a September 2021 Subpoena that served him at a New York Conference.

Terraform Labs CEO Sent $7 Billion to Law Firm Before Ecosystem Collapse

Terraform Labs CEO Sent $7 Billion to Law Firm Before Ecosystem Collapse

South Korean prosecutors confirmed that Terraform Labs CEO Do Kwon sent $7 billion to a top South Korean law firm, Kim & Chang, right before the collapse of the Terra ecosystem. The prosecutors believe that Kwon's decision to send the funds was a deliberate move that allegedly reaffirmed his awareness of the impending collapse and anticipated legal problems. The information is expected to help in the ongoing fraud case against Kwon and his associates.

Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case

Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case

Jump Crypto has been granted access to confidential documents in the SEC vs. Terraform Labs case, allegedly implicating them in the TerraUSD devaluation and Terra's collapse.

Terraform Labs Co-Founder Do Kwon Appeals Extended Detention

Terraform Labs Co-Founder Do Kwon Appeals Extended Detention

Terraform Labs co-founder Do Kwon will appeal the Montenegrin court’s decision to extend his detention time for up to 30 days. Kwon was caught using fake documents at the airport and was detained due to the high possibility of escape.

Singapore authorities investigate Terraform Labs

Singapore authorities investigate Terraform Labs

Singaporean police have launched an investigation into Terraform Labs, the company co-founded by Do Kwon, who was accused of fraud by the US Securities and Exchange Commission (SEC) last month. The SEC has alleged that Kwon laundered over $100m worth of bitcoin, which he had removed from the Terra platform, and converted to fiat.

SEC Agrees to Delay Terraform Labs Trial, Awaiting Do Kwon's Extradition

SEC Agrees to Delay Terraform Labs Trial, Awaiting Do Kwon's Extradition

The SEC has postponed the trial of Terraform Labs and Do Kwon, pending Kwon's extradition to the US, for a $40 billion cryptocurrency fraud.

South Korean prosecutors trace millions in illicit funds tied to Terra co-founder

South Korean prosecutors trace millions in illicit funds tied to Terra co-founder

South Korean prosecutors have identified $314.2 million in illicit assets linked to Do Kwon and Terraform Labs. Kwon reportedly converted most of the funds into Bitcoin using overseas exchanges, making it difficult for the authorities to recover the assets. Terra experienced a $40 billion collapse in May 2022 due to fraud, with Kwon at the epicenter. Kwon was recently caught by authorities in Montenegro after evading arrest for nearly a year.

South Korean Prosecutors Arrest Key Do Kwon's Aid

South Korean Prosecutors Arrest Key Do Kwon's Aid

South Korean prosecutors in charge of the Terraform Labs case have arrested a major employee of the embattled blockchain startup named ‘Yoo’.

LUNA Do Kwon's Trial Postponement Request Amid Extradition Delays

LUNA Do Kwon's Trial Postponement Request Amid Extradition Delays

Terraform Labs co-founder Do Kwon requests postponement of his U.S. trial, scheduled for January 29th, to mid-March due to extradition challenges in Montenegro. The SEC filed fraud charges against Kwon in February 2023, related to the collapse of TerraUSD and LUNA tokens.

South Korea's Police Agency Requests INTERPOL's Assistance for Extradition of Terra's Do Kwon

South Korea's Police Agency Requests INTERPOL's Assistance for Extradition of Terra's Do Kwon

South Korea intensifies efforts to extradite Terraform Labs CEO Do Kwon by seeking INTERPOL's cooperation after a Montenegrin court rejects U.S. extradition.

Terra's Do Kwon Says He is Cooperating With Prosecutors in New Interview

Terra's Do Kwon Says He is Cooperating With Prosecutors in New Interview

In a new interview with Laura Shin, Do Kwon maintained that he has been cooperating with prosecutors

Terraform Labs (Luna) Co-Founder Pleads US Court to Dismiss SEC's Fraud Allegations

Terraform Labs (Luna) Co-Founder Pleads US Court to Dismiss SEC's Fraud Allegations

Terraform Labs and co-founder Do Kwon are defending against fraud and securities allegations by the U.S. SEC, arguing their cryptocurrencies are not securities, amidst a wider legal battle between crypto firms and regulators following the Terra ecosystem's $40 billion downfall in 2022.

South Korean Regulators Order Seizing 3313 BTC Linked to Do Kwon

South Korean Regulators Order Seizing 3313 BTC Linked to Do Kwon

The South Korean regulators have issued a directive to KuCoin and OKX to freeze the total of 3,313 Bitcoins worth approximately $67 million linked to Do Kwon.

Terraform Labs CEO Asks for Dismissal of SEC Charges

Terraform Labs CEO Asks for Dismissal of SEC Charges

Do Kwon, CEO of Terraform Labs, has requested the dismissal of charges filed by the SEC, arguing that the claims are invalid and that the agency lacked proper jurisdiction. Kwon's counsel stated that Terra's tokens and projects were not specifically targeted at U.S. investors. The South Korean district court previously dismissed security violation charges against the co-founder of Terraform Labs, Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act.

Terra Founder Do Kwon Agrees to $1M Bet on the Future Price of LUNA

Terra Founder Do Kwon Agrees to $1M Bet on the Future Price of LUNA

Do Kwon has just accepted a $1 million bet from a Twitter user named Sensei Algod, a self-proclaimed semi-retired degen who believes the price of LUNA is going to be much lower by this time next year.

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans want a decentralized digital euro that does not rely on a central intermediary? The European Central Bank is asking for public opinion on CBDC with a new survey.

How Do Hackers Use Excel Files to Compromise Your Computers?

How Do Hackers Use Excel Files to Compromise Your Computers?

We do not recommend users to open excel (especially excel files among other office format files) from an unknown source. Hacker can gain full control of your computer, including the access of all files, screenshots, your web camera and all information typed by your keyboard!

Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering

Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering

Why is Bitcoin worth anything? Am I too late to buy Bitcoin? It’s too expensive, do I need to buy a whole Bitcoin? 3 questions that hound crypto journalists at parties.

Gold, Oil and Bitcoin: What Does One Have to Do With the Others?

Gold, Oil and Bitcoin: What Does One Have to Do With the Others?

You’ll often hear the value of bitcoin being compared to that of gold, with the newest likeness being to oil. But do these three commodities really have anything in common?

Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market

Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market

According to a Bitcoin analyst, PlanB, creator of one of the most accurate Bitcoin price models, on April 7, 2020, claimed that Bitcoin Futures do not affect the price of Bitcoin in the spot market. In his tweet, he said that Bitcoin prices stayed within the S2F bands even when Bitcoin was at its all-time-high (ATH) in December 2017 which many people claim was suppressed by the introduction of Bitcoin Futures in Chicago Mercantile Exchange (CME) in 2017.

Joe Weisenthal: Only Point of Bitcoin Is to Do Transactions “THE MAN Doesn’t Want You to Do”

Joe Weisenthal: Only Point of Bitcoin Is to Do Transactions “THE MAN Doesn’t Want You to Do”

Former Business Insider executive editor and current Bloomberg Business editor Joe Weisenthal had some interesting things to say about bitcoin and blockchain.

BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of the trends mentioned in the report include stablecoins, tokenized securities, central bank digital currencies (CBDCs), cross-border payments, and peer-to-peer payments.

Warren Buffett: Cryptocurrencies Do Not Have Any Value And I Will Never Own Any

Warren Buffett: Cryptocurrencies Do Not Have Any Value And I Will Never Own Any

Business magnate, CEO and Chairman of Berkshire Hathaway, Warren Buffett on Monday, Feb. 24, confirmed his resentment for cryptocurrency.

Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Libra has released its updated whitepaper, marking several significant changes towards providing individual stablecoins for major fiat currencies, including USD, EUR, GBP, and Libra Coin.

Tesla’s Bitcoin Investment is Revolutionary for Crypto but Other Firms May Not Do The Same Just Yet - JPMorgan

Tesla’s Bitcoin Investment is Revolutionary for Crypto but Other Firms May Not Do The Same Just Yet - JPMorgan

Tesla, the latest institutional giant to make a BTC purchase, has reignited the crypto bull market and propelled BTC to a new all-time high with its $1.5 billion endorsement.

Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

The President of Brazilian Banking Federation has argued that cryptocurrencies do not meet the basic criteria of real currencies.

Determinism: The Philosophy of Blockchain

Determinism: The Philosophy of Blockchain

Determinism, free will, and blockchain? What do these seemingly disparate concepts have in common? A lot, as it turns out.

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