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Terraform’s Do Kwon to go on criminal trial in early 2026
Do Kwon, founder of Terraform Labs, is officially heading to trial in January 2026. The charges? Criminal fraud tied to the $40 billion collapse of TerraUSD and Luna, two cryptocurrencies that turned ...
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Number of Do Kwon’s victims could exceed one million — court filing
In a Jan. 6 filing in the US District Court for the Southern District of New York, Acting US Attorney Daniel Gitner notified the court of the procedures to inform Kwon’s victims of their rights ...
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Extradited SKorean Crypto 'Genius' In Court To Face US Charges
US Attorney Daniel Gitner said the May 2022 crash of Terraform's cryptocurrencies "erased over $40 billion in investor assets, causing devastating losses to countless investors in the United ...