Advertisement     The recent collapse of the Terra ecosystem could well be described as one of the biggest failures in the crypto world. As victims come to terms with ...
Tag: Kwon
Do Kwon Says Terra Collecting Snapshot Data For LUNA Airdrop
Terra founder Do Kwon said the blockchain is in the process of collecting data from major exchanges for the upcoming LUNA airdrop. Kwon said that because of the large amount of data to be collected, t...
Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
The dramatic story of the Terra (LUNA) crash — referred to by some as the Lehman Brothers of crypto — has taken yet another remarkable turn as legal documents reveal the liquidation of two South Korea...
Terra (LUNA) Founder Do Kwon Facing South Korea Investigation Over Claims of Ponzi Fraud: Report
The CEO of Terraform Labs is facing possible criminal charges in the wake of two leading cryptos collapsing earlier this month. In a new report, Yonhap News says that South Korean authorities are cons...
Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement
Do Kwon’s scandal seem to be deepening. Prosecutors are investigating whether they will file Ponzi fraud charges against him following the Terra crash, according to The Korea Times. This comes a day ...
Terra’s Do Kwon Investigated for Running a Ponzi: Report
Key Takeaways Adding to criminal complaints from a group of South Korean investors, prosecutors are reportedly investigating Terraform Labs CEO Do Kwon on Ponzi charges. The prosecutors are scrutinizi...
More Troubles for Do Kwon as S. Korea Levies $78M Tax Evasion Fine
Terraform Labs is currently being charged with tax evasion fraud by the South Korean National Tax Service, a move that complicates matters for the startup that is trying to salvage its collapsed block...
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST – Featured Bitcoin News
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon ...
South Korea Slams Terra’s Do Kwon With $78M Fine for Tax Evasion: Report
South Korea’s National Tax Service has reportedly ordered Terraform Labs, its co-founder Do Kwon, and other executives to pay a 100 billion won ($78 million) fine for tax evasion penalties. The Genesi...
Could Terra’s Do Kwon Go to Prison?
In brief The bar to prove fraud in the U.S. is a high one to clear. It’s unclear for now if the behavior of Terra’s founder was more than merely reckless. The recent collapse of the stable...
Critics Blast Do Kwon, Saying Terra Could Have Saved LUNA By Burning 6.5T Coins With $1.3 Billion Reserves
– Advertisement – Do Kwon And Terra Could Have Saved LUNA With The $1.3 Billion Reserve But They Did Everything Wrong. The troubles facing Terra Luna and UST continue to spark heated deb...
Another Theranos? Do Kwon Stares At Multiple Lawsuits As Investors Sense Fraud In Terra’s Debacle ⋆ ZyCrypto
Advertisement     Last week, a columnist described Terraform Labs’ co-founder Do Kwon as “the Elizabeth Holmes of Crypto.” Elizabeth Holmes is a former CEO of the now-...
Do Kwon puts his Terra revival plan to the vote
Terraform Labs CEO Do Kwon has put his Terra revival plan to the vote among holders of the ecosystem’s Luna governance token. The plan is to fork the current Terra blockchain and allocate amount...
Terra Founder Do Kwon Faces Tax Evasion Charges In S. Korea
Amid the ongoing Terra debacle, founder Do Kwon has now reportedly come under further scrutiny from the South Korean government for alleged tax evasion. South Korea’s Tax Service is charging Kwon and ...
Will Terra Founder Do Kwon Be Held Accountable Following Three South Korean Investigations?
– Advertisement – Terra Founder Do Kwon is falling deep into investigations. So a question arises Will Terra Founder Do Kwon Be Held Accountable Following Three South Korean Investigatio...
Terra Loses More Form: Do Kwon Faces Tax Evasion Charges; Law Firm Sues To Seize Properties
The multibillion-dollar collapse of Terra Labs’ stablecoin and the LUNA token is still ringing across the cryptocurrency industry, and numerous questions for Terra’s South Korean founder, Kwon Do-hyun...
Major Korean law firm decides to sue Do Kwon after UST collapse
LKB & Partners, one of the top law firms in South Korea, has decided to sue Terraform Labs founder and CEO Do Kwon after the sudden collapse of TerraUSD (UST) last week, Korean media reported on W...
Did Do Kwon Dissolve Terra LUNA’s Korean Entity Days Before Crash? Know The Truth
Do Kwon, the creator of Terraform Labs, has a new Wikipedia article up and running that details his fall from grace. According to Wikipedia, Do Kwon attempted to dissolve Terraform Labs in Korea just ...
Terra Investors Alleged Ongoing Voting Exercise to Rebirth LUNA Network Is Being Rigged By Do Kwon
– Advertisement – Terra investors have taken to various social media platforms to slam the voting exercise that will determine whether a new Terra chain will be created. Nearly 24 hours a...
Shocker: Leaked Documents Shows Do Kwon Dissolved Terra Labs Few Days Before LUNA And UST Tanked
– Advertisement – Do Kwon De-registered His Company Right Before Terra Luna And UST Tanked. Terra Luna is still in the headlines for all the bad reasons. After experiencing a massive pri...
Terra Founder Do Kwon Faces Lawsuit In South Korea
A group of South Korean investors appears to have filed a court case against Terra founder Do Kwon over the blockchain’s crash. Local media reports suggest that several LUNA and UST holders have decid...
Do Kwon moves on LUNA`s revival plan despite 90% rejection votes
90% of the initial voters rejected Do Kwon’s proposal to hard fork the Terra blockchain. Initially, Kwon submitted the poll to the Terra community with only one simple question: “Fork?” On its face, i...
Terra Investors Reportedly Preparing to Sue Do Kwon for Fraud
Key Takeaways South Korean investors are reportedly preparing to sue Terraform Labs CEO Do Kwon for fraud over Terra’s $40 billion collapse. Per the local news media report, the plaintiffs will ...
Leading Korean law firm to sue Do Kwon amid UST and LUNA ordeal
Following the stunning collapse of TerraUSD (UST) last week, LKB & Partners, one of South Korea’s top law firms, has decided to prosecute Terraform Labs founder and CEO Do Kwon. Korean media relea...
Will Do Kwon Heed The Call To Burn Terra Instead Of Forking, Community Wants Nothing Else But LUNA Burns
– Advertisement – Terra (LUNA) community wants nothing else but LUNA burning. The collapse of the Terra Luna ecosystem was a huge shock to the crypto industry. It reveals a fundamental fla...
Terraform Labs’ Legal Team Quits After UST Crash – Another Blow To Kwon
The ongoing rigmarole with Terraform Labs, the blockchain developer behind Terra (LUNA), took a turn after a purported modification in job status for some members of the company’s legal staff. The int...
Terra Chief Do Kwon Proposes Hardfork of Terra Blockchain to Restore Ecosystem
Terra chief Do Kwon has proposed the idea of forking the Terra blockchain and distributing the new LUNA tokens among wallet holders, LUNA holders, developers, UST holders, etc. Last week, the monument...
Do Kwon wants to fork the Terra blockchain as part of revival plan
Terraform Labs CEO and co-founder Do Kwon has formally proposed forking the Terra network into a new chain. Kwon circulated a new proposal today in a post on a forum for Terra discussion in the wake ...
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now the South Korean Conservative Party has requested a parlia...
South Korean lawmaker suggests summoning Do Kwon to the national assembly
Yun Chang-hyeon, a lawmaker in South Korea’s ruling party, People’s Power, has suggested summoning Terraform Labs’ founder Do Kwon to a parliamentary hearing. A report unveiled this news today, noting...