The First Court Hearing For Terra Co-Founder Held In South Korea

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Legal proceedings start for Terraform Labs co-founder in South Korea: Report

Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin's trial preparations in South Korea are reportedly underway.

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The Other Terra Co-Founder Starts His Trial in Seoul

Daniel Shin, co-founder of Terraform Labs, had his firsthearing held by Seoul’s Southern District Court on July 10, as reported by local Korean media. Prosecutors addressed several charges, including fraud...

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Terra Co-Founder Faces Legal Proceedings In South Korea As 1st Hearing Unfurls

Terra’s legal trouble continues with South Korea’s Seoul Southern District Court conducting the initial preliminary hearing for Daniel Shin, the co-founder of Terraform Labs, along with seven other former Terra employees.

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Terra’s Do Kwon Found Guilty Of Passport Forgery In Montenegro, Sentenced To Four Months In Prison

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Do Kwon Faces Potential Prison Time In US And South Korea, Prosecutor Warns

Terraform Labs co-founder Do Kwon has fallen into the tight fist of the law as a senior prosecutor says Kwon may face double jail terms, first in his native South Korea and then in the US. The senior South Korean prosecutor, Dan Sunghan, stated that Do Kwon would face multiple sentences regarding his involvement in […]

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Do Kwon could serve prison in both US and South Korea, prosecutor says

South Korean prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes more sense but adds that the Terraform Labs co-founder could also serve time in the United States as well.

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Montenegrin high court revokes bail for Do Kwon and former CFO

A Montenegrin high court has revoked bail for Terraform Labs co-founder Do Kwon and the former chief financial officer.

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Montenegrin court revokes Do Kwon’s bail

A Montenegrin high court in Podgorica has revoked Terraform Labs co-founder Do Kwon’s bail. According to a May 24 Bloomberg report, a spokeswoman for the court Marija Rakovic said the court decision also affects the company’s former CFO, Han Chong-Joon.

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Terra's Do Kwon Bail Status Overturned in Montenegro

In a dramatic reversal, the Montenegro High Court has overruled a prior decision that permitted Terraform Labs co-founder Do Kwon, embroiled in a high-profile scandal, to be released on bail

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Terra’s Do Kwon To Walk Out Of Montenegro Jail After Securing $436,000 Bail

Montenegrin officials have granted Terraform Labs co-founder Do Kwon bail in the travel document forgery case. Kwon will be freed from jail on a supervised  €400,000 ($436,000) bail pending trial.

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Do Kwon granted bail at €400,000 – against prosecutors wishes

Terraform Labs co-founder Do Kwon will be released on bail alongside company CFO Han Chong-Joon — against the wishes of prosecutors. The Montenegro court has set a fee of €400,000 ($436,000) per person, according to Bloomberg.

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Do Kwon Pleads Not Guilty to Passport Fraud in Montenegro

The troubled co-founder of Terraform Labs responds with a plea of not guilty to new charges, this time in relation to alleged passport fraud in Montenegro. He also faces more serious charges in the United States and his home of South Korea.

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Terraform labs Do Kwon co-founder pleads not guilty to passport fraud in Montenegro

Do Kwon, co-founder of Terraform Labs, entered a not-guilty plea in a Montenegrin court on May 11. Kwon was accused of utilizing forgeries of Belgian and Costa Rican passports.

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South Korea sets trail date for Terraform Labs co-founder Daniel Shin

The trial for Terraform Labs co-founder Shin Hyun-seung will begin in Seoul on 26 May. Local authorities have claimed that Shin's involvement in the suspected fraud was bigger than that of Do KThe post South Korea sets trail date for Terraform Labs co-founder Daniel Shin appeared first on AMBCrypto.

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South Korea sets trial date for Terraform Labs co-founder over Terra Luna collapse

Terraform Labs co-founder Shin Hyun-seung and seven other associates are set to face trial on May 26 over fraud charges related to the collapse of the Terra-Luna stablecoin and crypto project in May 2022. 

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Luna Classic starts to rise as holders believe it might be bottom

Terra Luna Classic (LUNC) started a bullish momentum four days after its testnet upgrade. The asset’s Twitter community believes that the current price point might be the bottom for LUNC. Despite the charges that the co-founder of Terraform Labs, Do…

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Terraform Labs Co-Founder Do Kwon Could Be Thrown In Jail For 40 Years In South Korea

Do Kwon, co-founder and former CEO of now-defunct Terraform Labs, is facing a jail term of up to 40 years in South Korea, the country where he committed most of his crimes. The prosecutor overseeing Kwon’s probe believes that the repatriation of the South Korean national would be the best way to serve justice to […]

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Terraform Labs co-founder indicted in South Korea

Daniel Shin, co-founder of Terraform Labs, is among ten individuals charged in South Korea, as legal repercussions from the Terra crisis continue to unfold across multiple countries.

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South Korea indicts Terra co-founder Daniel Shin: Report

South Korean authorities have indicted Terraform Labs co-founder Daniel Shin and nine other people on a number of counts. The assets of indictees totaling 246.8 billion won ($184.7 million) havThe post South Korea indicts Terra co-founder Daniel Shin: Report appeared first on AMBCrypto.

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Terraform Labs co-founder and nine others indicted in South Korea

The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra.

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Terraform co-founder Do Kwon asks court to dismiss the SEC lawsuit, here's why

Do Kwon's lawyers argued in court that SEC's lawsuit should be dismissed. U.S. authorities sued Kwon for allegedly scamming U.S. investors. According to a news report, the lawyers for TerrafThe post Terraform co-founder Do Kwon asks court to dismiss the SEC lawsuit, here's why appeared first on AMBCrypto.

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Terraform Labs Co-Founder Do Kwon Faces Montenegro Indictment: Bloomberg

Prosecutors have sought to extend the detention period for Kwon along with his chief financial officer Han Chang-joon

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Do Kwon sent roughly $7m to Korean law firm before TerraUSD crash 

Prosecutors have revealed that Terraform Labs co-founder, Do Kwon, sent a payment of 9 billion won ($7 million) to a Korean law firm named Kim & Chang just before the collapse of the TerraUSD algorithmic stablecoin and Luna token. While…

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S. Korean prosecutors seek to freeze $5.3M worth of Do Kwon’s assets

Prosecutors in South Korea are trying to get a court order to freeze $5. 3 million worth of Do Kwon’s assets in the country, Yonhap News reported on April 11. Terraform Labs co-founder Kwon has been under investigation in South Korea for fraud and tax evasion since the Terra-LUNA collapse wiped out nearly $40 billion in […] The post S.

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Terra executives made over $300M from failed project; Do Kwon owns no property in South Korea

South Korean prosecutors said Terraform Labs executives, including Do Kwon and Daniel Shin, made 414. 5 billion won ($314. 2 million) by tricking investors into investing in the failed project. According to an April 7 KBS News report, the co-founder and former CEO of Chai Shin Hyun-Seong (also known as Daniel Shin) made 154.

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Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk

Shin currently faces multiple fraud charges, specifically concerning allegedly hiding risks associated with investing in the in-house tokens by Terraform Labs.

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Do Kwon Faces Charges in Montenegro That Could Delay His Extradition

Terraform Labs co-founder Do Kwon's extradition will likely be delayed by due process related to passport fraud charges in Montenegro. The post Do Kwon Faces Charges in Montenegro That Could Delay His Extradition appeared first on BeInCrypto.

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South Korea and the US seek extradition of Do Kwon

Do Kwon, the co-founder of Terraform Labs, who was detained by Montenegrin police, is wanted by the United States and South Korea.

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Do Kwon’s Montenegro detention extended, registered Serbian company before arrest as fugitive

Do Kwon, the co-founder of Terraform Labs, has been detained in Montenegro while attempting to fly to Dubai allegedly using fake documents.

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South Korea wants Terraform labs co-founder arrested

South Korean prosecutors are renewing efforts to arrest Terraform Labs (TFL) co-founder Daniel Shin, Bloomberg reported on March 27. The post South Korea wants Terraform labs co-founder arrested appeared first on CryptoSlate.

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Terraform Labs’ Do Kwon allegedly arrested in Montenegro

Montenegrin police have detained “the most wanted fugitive in the world” — Do Kwon, a South Korean national, co-founder, and CEO of Terraform Labs based in Singapore. According to Filip Adzic, Montenegro’s interior minister, Kwon, responsible for over $40 billion…

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Terraform Labs Chief Do Kwon Arrested by Police in Montenegro

Do Kwon, the co-founder and CEO of Terraform Labs, has reportedly been arrested by police at an airport in Montenegro. The post Terraform Labs Chief Do Kwon Arrested by Police in Montenegro appeared first on BeInCrypto.

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Breaking: Terraform Labs co-founder Do Kwon reportedly arrested in Montenegro

The former blockchain executive is wanted by Interpol for his role in the $40-billion collapse of the Terra ecosystem in May 2022.

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Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities

Local police in Singapore sent an email on Monday saying they have begun a probe connected to Do Kwon’s Terraform Labs.

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Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs

Delphi Lab’s general counsel said the SEC was being “more thorough than usual” in its lawsuit against Terraform Labs and its co-founder Do Kwon.

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Terra's Do Kwon Is in Serbia, CoinDesk Korea Reports

The Terraform Labs co-founder is wanted in South Korea, backed by Interpol.

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Co-founder of Terraform Labs, Daniel Shin arraigned in court

One of the co-founders of Terraform, David Shin, an online cryptocurrency trading platform, has been arrested and is facing criminal charges.  Arrest Details Daniel Shin is accused of using insider information to profit from illegal market manipulation. The court appearance…

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South Korean prosecutors out to arrest Terraform Labs' co-founder Daniel Shin

As per Yonhap’s report, Shin claimed that he had cooperated with the investigation. He is also being charged with the violation of the Electronic Financial Transaction Act. After months ofThe post South Korean prosecutors out to arrest Terraform Labs' co-founder Daniel Shin appeared first on AMBCrypto.

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Prosecutors seek arrest warrant for Terraform Lab co-founder

South Korean Prosecutors attempt to arrest Daniel Shin, Terraform Lab co-founder, for fraud and market manipulation. Daniel Shin wanted for fraud According to a news release by Yonhap today, Wednesday, November 30, 2022, South Korean prosecutors have announced their intentions…

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South Korea issues arrest warrant for Do Kwon's former colleagues

Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD (UST) and LUNA initiatives.

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Prosecutors Seeking Arrest Warrant for Terraform Labs' Daniel Shin: Yonhap

Terraform Labs' co-founder is being charged with violating the Electronic Financial Transaction Act, according to media reports.

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What Terra Co-founder Daniel Shin said about $100M LUNA cashout

According to local reports, Terraform Labs Co-founder Daniel Shin has claimed that he did not sell LUNA at its peak, before the token's price collapsed. Shin reportedly held a considerable number oThe post What Terra Co-founder Daniel Shin said about $100M LUNA cashout appeared first on AMBCrypto.

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Co-founder of Terra Accused by Authorities of Violating Capital Market Rules

Daniel Shin, CEO of Chai Corporation, joins list of investigators related to collapse of Terraform Labs, find out how this story unfolds

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South Korean Prosecutors Raid Terra Co-Founder's Company in UST Probe

Officials said they suspect Chai Corp. leaked customer information to Terraform Labs.

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Terra's Do Kwon May Be in Europe: Report

South Korean prosecutors have indicated that the fugitive co-founder of Terraform Labs, Do Kwon, is in Europe, Bloomberg reported Friday.

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S. Korean Prosecutors Say Reports of Do Kwon's Stopover in Dubai 'Not False': Bloomberg

There have been rumours circulating that Do Kwon, co-founder of Terraform Labs, the firm behind the Terra blockchain network, has left Singapore for Dubai. Prosecutors have said that these rumours are "not false," Bloomberg reported Friday.

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Terra’s Do Kwon Apologizes To LUNA Victims, Insists He Is Not On The Run

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Terra Creator Kwon Says He Is Receiving Threats from Angry Investors: Details

Co-founder of Terraform Labs claims he has been receiving personal threats, so he remains in hiding

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