SEC Charges Terraform Labs and CEO Do Kwon with Defrauding Investors in Crypto Schemes
Terraform Labs said it has not been contacted by the SEC about the action, while SEC declined to comment.
Breaking: SEC Sues Do Kwon and Terraform Labs for Fraud
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Terraform Labs and its founder Do Kwon, charging the for "orchestrating a multi-billion dollar crypto asset securities fraud."
South Korea Prosecutors Say Serbia Ready To Help Fraud Investigation Into Terra’s Do Kwon
Prosecutors investigating Terraform Labs and its chief executive said Serbian authorities will “actively cooperate” in locating the South Korean national known as Do Kwon who is believed to be living in the European country and is wanted on fraud charges, the Seoul Prosecutors’ Office confirmed with Forkast.
South Korean Officials Travelled to Serbia to Find Do Kwon
The hunt for the controversial founder of the now-collapsed Terra ecosystem, Do Kwon, has intensified with South Korean officials reportedly confirming they sent at least two people to Serbia to track him down. According to a Feb. 7 Bloomberg report, the prosecutor’s office in Seoul said the reports “aren’t false” regarding members of its team trekking out to the Balkan state to find Kwon. It appears at least two state officials went — one from the prosecutor's office and the other being a senior member of South Korea’s Justice Ministry. (Cointelegraph)
Do Kwon’s Manhunt Intensifies As South Korean Officials Travel to Serbia
The manhunt for Do Kwon, the founder of the now collapsed Terra (LUNA) ecosystem, has intensified with South Korean officials seeking international cooperation in nabbing the fugitive.
South Korean Officials Traveled to Serbia to Locate Terra's Do Kwon
A group of South Korean officials has traveled to Serbia in a bid to locate Do Kwon, the co-founder of Singapore-based Terraform Labs, the parent company of crashed stablecoin TerraUSD.
Albright Capital Suddenly Dismisses Charges Against Do Kwon
According to a Notice of Voluntary Dismissal submitted in U.S. District Court on January 9, Albright Capital has withdrawn its case against Terraform Labs and its founder Do Kwon.
Terra Accidental Airdrop Leads To Smear Campaign, Community Member Claims
Terraform Labs (TFL), the firm behind the defunct algorithmic stablecoin TerraUST (USTC), and its co-founder Do Kwon is back in the limelight again for allegedly running a smear campaign and issuing threats against one of their own community members.
Breaking: Class Action Lawsuit Against Terra And Do Kwon Voluntarily Dismissed
Class action lawsuit Albright v. Terraform Labs, Pte. Ltd. et al. filed in the Southern District of New York Court has been voluntarily dismissed on Monday. The class action filed in August against Terraform Labs, Do Kwon, and affiliates accused the defendants of falsely promoting, manipulating, and offering TerraUSD (UST) stablecoin and Terra (LUNA).
Alameda, Do Kwon-Backed Hedge Fund Breaks Silence To Announce Rebranding
Alameda Research and Terra’s Do Kwon-backed crypto hedge fund Pangea Fund Management is rebranding to Syncracy Capital after seven months of silence.
