Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called “a glorified pyramid scheme.” Crime and cryptocurrency often seem to be ...

Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial ...

Do Kwon's trial stemming from the collapse of his Terra crypto project was pushed from January to February 2026 at the second pre-trial conference in Manhattan court on Thursday. Judge Paul Engelmayer ...

Terra founder Do Kwon will be extradited from Montenegro to South Korea to face criminal charges over the collapse of his crypto enterprise after March 23, his lawyer told CoinDesk. Kwon was arrested ...

FILE - Montenegrin police officers escort South Korean citizen, Terraform Labs founder Do Kwon in Montenegro's capital Podgorica, Saturday, March 23, 2024. Photo: Risto Bozovic/AP, File Do Hyeong Kwon ...

The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX. Reading time 3 minutes Do Kwon, who was behind two digital currencies that ...

Disgraced Terraform Labs founder Do Kwon is set to be sentenced in a Manhattan court later today, December 11, by U.S. District Judge Paul Engelmayer. Do Kwon, 33, pleaded guilty to a basket of fraud ...

FILE - Montenegrin police officers escort South Korean citizen, Terraform Labs founder Do Kwon in Montenegro's capital Podgorica, March 23, 2024. (AP Photo/Risto Bozovic, File) NEW YORK (AP) — Onetime ...