Keep up with what's happening in the crypto world in real-time.
All Filters (1)
Swiss authorities seized millions of dollars of crypto linked to Terraform Labs and its associates, Digital Asset said on June 24. The news outlet said that authorities froze $26 million of Bitcoin and other digital assets held at the Zurich-based Sygnum Bank.
Authorities in Switzerland have reportedly frozen crypto assets tied to former Terraform Labs CEO Do Kwon and other top figures within the cornered company.
Swiss authorities have taken a significant step in the ongoing investigation into Terraform Labs and its top executives by freezing approximately $26 million in cryptocurrency funds. Following requests from U.S.
The crypto market is filled with hidden dangers, and requires careful research before investing. Not all cryptocurrencies are worthwhile bets. The likes of Terra Classic and Pepe offer lots of risk but no real value.
$26 million in crypto linked to Terraform Labs and held in digital asset bank Sygnum has reportedly been frozen by Swiss authorities.
The New York Federal Prosecutors Office and the US Securities and Exchange Commission (SEC) asked Swiss prosecutors to freeze crypto assets and fiat currency related to Terraform Labs and co-founder Do Kwon in digital asset bank Sygnum. The move comes after Dentons, a top law firm representing Terraform Labs and co-founder Do Kwon, filed additional
The funds supposedly belonged to Do Kwon, Chang-joon Han, Nicholas Platias, and TFL corporation.
Swiss prosecutors have seized about $26 million in digital assets and U.S. dollars belonging to Terraform Labs (TFL) imprisoned co-founder Do Kwon.
A Montenegro court has accepted a bail payment on behalf of Do Kwon, the disgraced crypto executive behind fallen digital currency firm Terraform Labs. The company established the crumbled algorithmic stable currency known as Terra USD.
The founder and former CEO of Terraform Labs, Do Kwon, and the former chief financial officer of Terra, Han Chang-joon, have been convicted of passport forgery.
Do Kwon – the disgraced crypto executive behind the Luna token and Terra USD – has pleaded not guilty to fraud and other crimes after he was arrested in the European nation of Montenegro last month while holding three phony passports.
Do Kwon, the founder of Terraform Labs, has cast doubt on allegations of using a counterfeit passport, suggesting that a third-party Chinese agency might be behind the alleged forgery. Emerging from a Montenegrin court, Kwon maintains his innocence, stating that he was unaware of the documents falsification and had no reason to question its legitimacy, given his history of travel with his Costa Rican passport.
On Monday, a Montenegro court sentenced the disgraced Terra (LUNA) founder Do Kwon to four months in prison for attempting to travel with a forged passport. Kwon was first arrested in late March after trying to board a flight to the United Arab Emirates (UAE) with a Costa Rican passport, which authorities claimed was forged.
A Montenegro court has sentenced Terraform Labs co-founder Do Kwon and a former executive to four months for forging official documents.
The founder of Terra Luna, who had vanished into thin air, was recently apprehended and jailed. Why did Terra crash?
Terraform Labs founder Do Kwon has been sentenced to four months in prison by a Montenegro court for using a false passport.
Do Kwon, the creator of TerraUSD – LUNA, has been sentenced to four months in the slammer in Montenegro, according to multiple reports. Kwon's attempt to create an algorithmic stablecoin TerraUSD has been cited as a huge catalyst in the crypto collapse of 2022.
A court in Montenegro has found Do Kwon guilty of document forgery and has sentenced him to jail. Kwon will remain in custody longer pending the country's response to an extradition request.
According to a Reuters report, Crypto entrepreneur Do Kwon, the former CEO of Terraform Labs, has been sentenced to four months in prison by a court in Montenegro for allegedly using forged passports. Crypto Mogul Faces Jail Time For Passport Forgery Kwon, who is charged with multibillion-dollar fraud in the United States and is wanted by South Korean authorities on similar charges, was detained in March along with Han Chang-Joon, the former finance officer of Terraform Labs, as they attempted to board a flight to Dubai at the airport in Montenegro's capital, Podgorica.
The Terraform founder Do Kwon, facing eight count charges in the United States for the ecosystem crash, recently denied two allegations against him. Do Kwon was accused of traveling with forged documents and sending financial donations to a former Montenegro minister.
Terraform Labs co-founder Do Kwon has been sentenced to four months of incarceration after being found guilty of forging his travel documents.
Montenegro's court has determined that Do Kwon, the co-founder of Terraform Labs, is guilty of using a counterfeit Costa Rican passport. As a result, he has been sentenced to four months in jail for the offense.
Kwon has been convicted for passport forgery 13 months after the Terra meltdown; will extradition follow?
Do Kwon has been sentenced to four months in jail by a Montenegro district court for forging travel documents. Bloomberg reports that a Montenegrin Basic Court in the country's capital of Podgorica sentenced Do Kwon and his associate Han Chang-Joon to four months in jail for forging travel documents.
