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Do Kwon

Singapore

Singapore court raises damages payout for investors burned by Do Kwon’s Terraform collapse

The crash of Do Kwon’s Terra cryptocurrency caused billions of dollars in losses and triggered a cascade of crises in the crypto market.
Banking & Finance

TerraUSD creator Do Kwon sentenced to 15 years over US$40 billion crypto collapse

Kwon’s lawyers said that while prosecutors agreed in his plea deal not to seek more than 12 years in prison, that is “far greater than necessary” to achieve justice.
Banking & Finance

Do Kwon says five years in prison enough for Terra crypto fraud

Kwon had made payments totalling S$19.4 million to the vendor before he ultimately decided not to go ahead with the purchase of the unit at the Sculptura Ardmore condominium in Ardmore Park.
International

Do Kwon appealing against dismissal of S$18.4 million claim over aborted purchase of Ardmore penthouse

Terraform Labs co-founder Do Kwon had selected a duplex four-bedroom penthouse on the 19th floor of the Sculptura Ardmore condominium, spanning around 7,567 square feet. The deal, however, collapsed before its completion.
Crypto & Alternative Assets

Terraform Labs co-founder Do Kwon’s claim for S$19.4 million Ardmore penthouse payment rejected

Do Kwon has also agreed to forfeit US$19.3 million and some properties as part of the plea deal.
Banking & Finance

Do Kwon pleads guilty to fraud over US$40 billion Terra collapse

Do Kwon pleaded not guilty in January following a two-year extradition battle over whether he would first face prosecution in the US or his native South Korea.
Banking & Finance

Do Kwon may plead guilty in US case over US$40 billion Terraform collapse

Terraform Labs co-founder Do Kwon faces nine counts, including wire, securities and commodities fraud.
Banking & Finance

Do Kwon pleads not guilty to US charges over Terra collapse

Cryptocurrencies have come under increasing scrutiny from regulators after a string of controversies in recent years, including the high-profile collapse of the exchange FTX.
International

Montenegro to extradite crypto entrepreneur Do Kwon to US

Do Kwon faces related criminal charges both in the United States and his native South Korea.
Banking & Finance

Terraform Labs approved for bankruptcy wind-down after US SEC settlement

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