Kwon, Crypto

Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new ...
The US government finally got its metaphorical hands on Do Hyeong Kwon, the 33-year-old Korean national who built a financial empire on the cryptocurrency Luna and the "stablecoin" TerraUSD, only to ...
Terraform Labs unsuccessfully fought the US indictment before filing for bankruptcy in the US in January 2024. Do Kwon agreed ...
Do Kwon was extradited from Montenegro to face fraud charges in the US related to Terraform's $40 billion collapse.
He had been on the run for months, fleeing South Korea and later Singapore, before his company went bankrupt in 2022.