Do kwon articles
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SEC seeks $5.3 billion from Terraform Labs and Do Kwon
The US Securities and Exchange Commission (SEC) seeks a $5.3 billion judgement against Terraform Labs and co-founder & CEO Do Kwon. Terraform Labs filed a motion for settlement at $3.5 million; dO Kwon offered $800,000. The US Securities and Exchange Commission (SEC) is after a $5.3 billion judgement against Terraform Labs and its co-founder and […]
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Terraform Labs And Do Kwon Face $5.3B Penalties In SEC Fraud Case
In a significant development in the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Terraform Labs, a jury has found the blockchain protocol and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022. In response, the SEC has filed a motion seeking […]
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Lavish life of Do Kwon, dubbed the 'Elizabeth Holmes' of crypto, as feds demand $5billion and fight with his home country over who'll get to send him to jail
The SEC ordered Do Kwon to pay over $5 billion in restitution for Terra collapse. US and South Korea both want to jail Kwon and are in an extradition battle. The downfall of the Terra crypto ecosystem cost investors up to $60billion