2023-3-23 16:36 |
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. origin »
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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…
2023-3-23 17:33 | |
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Per a report from Bankless, Terra (LUNA) co-founder Do Kwon was allegedly arrested in the region of Podgorica, Montenegro. South Korean authorities and the International Criminal Police Organization (Interpol) were on the hunt for Kwon for his alleged involvement in the collapse of the Terra ecosystem.
2023-3-23 16:42 | |
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South Korea’s Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet the criteria for financial investment products. Korea‘s Supreme Court has ruled that the collapsed stablecoin TerraUSD (USTC) and its sister token Terra…
Montenegro’s Constitutional Court has rejected an appeal by crypto mogul Do Kwon, paving the way for a decision on his extradition to either the U.S. or South Korea. Do Kwon, founder of Terraform Labs, has lost his appeal in Montenegro’s…
Terra Luna Classic’s price rose for the second consecutive day as token burn activity accelerated this week. Terra Luna Classic (LUNC), the remnant of the collapsed Terra network, reached an intraday high of $0.00009217, bringing its market cap to $500…
On Sept. 19, Terraform Labs, the company behind the Terra blockchain protocol, gained court approval to wind down its operations as part of its bankruptcy proceedings. During a pivotal hearing on Thursday, U.
Montenegro’s Supreme Court has delayed the extradition of Do Kwon, the controversial founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor’s Office filed a request for a legal review on August 2. The office…
On August 1, the Court of Appeal of Montenegro upheld a decision to extradite Do Kwon to South Korea, denying the U.S. its extradition request and reportedly making a ‘final’ decision. Kwon, a South Korean national, is implicated in a…
Fresh U.S. court filings have revealed that Montenegro’s Prime Minister Milojko Spajic personally invested in fugitive Do Kwon’s Terraform Labs crypto project