Bitcoin News / Bitcoin.com - 1 year ago
Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have...
by COINS NEWS - 1 year ago
submitted by /u/ahabraken [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
Prosecutors reportedly took control of houses and properties in an attempt to prevent former Terra employees from disposing of assets potentially connected to criminal proceedings....
Cryptocoins News / Blockchain - 1 year ago
Terra, the cryptocurrency ecosystem that collapsed in May 2022, made a prominent appearance at Nationals Park during the Washington Nationals' home opener on March 30. Despite Terra's collapse, a partnership between the company and the baseball team...
Cryptocoins News / Blockchain - 1 year ago
A South Korean court denied a request for an arrest warrant for Terraform Labs co-founder, Shin Hyun-Seong, citing unconfirmed allegations and the unlikelihood of Shin being a flight risk. Shin currently faces multiple fraud charges and is accused of...
Cryptocoins News / The Cointelegraph - 1 year ago
Shin currently faces multiple fraud charges, specifically concerning allegedly hiding risks associated with investing in the in-house tokens by Terraform Labs. A local...
by COINS NEWS - 1 year ago
5 years only? submitted by /u/genjitenji [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocu...
Cryptocoins News / The Cointelegraph - 1 year ago
An attendee shared an image of a Terra banner with the slogan “a decentralized economy needs decentralized money,” prominently displayed during Major League Baseball’s opening day....
Cryptocoins News / The Cointelegraph - 1 year ago
Now in custody in Montenegro, Do Kwon could be facing “at least a year” behind bars as the country considers extradition requests, according to one criminal defense lawyer....
Cryptocoins News / The Cointelegraph - 1 year ago
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted....
Cryptocoins News / Blockchain - 1 year ago
South Korean authorities are making a renewed push to detain Terra co-founder Shin Hyun-Seong, also known as Daniel Shin, after the arrest of co-founder Do Kwon. Shin is suspected of involvement in promoting unstable investment opportunities with Ter...
Cryptocoins News / The Cointelegraph - 1 year ago
Authorities have previously alleged that Shin earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse. Following Terraform Lab...
Cryptocoins News / Blockchain - 1 year ago
Terraform Labs co-founder Do Kwon will appeal the Montenegrin court’s decision to extend his detention time for up to 30 days. Kwon was caught using fake documents at the airport and was detained due to the high possibility of escape. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught...
Bitcoin News / Bitcoin.com - 1 year ago
According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the T...
by COINS NEWS - 1 year ago
submitted by /u/TheGreatCryptopo [link] [comments]
Cryptocoins News / Finance Magnates - 1 year ago
<p>New York federal prosecutors have brought criminal charges against Do Kwon, the Co-Founder and CEO of collapsed crypto firm Terraform Labs, only a few hours after his <a href="https://www.financemagnates.com/cryptocurrency/terra-foun...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Do Kwon, the Co-Founder of the collapsed <a href="https://www.financemagnates.com/terms/s/stablecoin/" class="terms__main-term" id="e84b040e-4d12-499b-99bf-8ba75ea058ca">stablec...
Bitcoin News / Bitcoin.com - 1 year ago
According to Montenegro’s interior minister Filip Adzic, Terraform Labs co-founder Do Kwon was apprehended at Podgorica airport allegedly bearing falsified documentation. Adzic added that investigators are “waiting for official confirmation of his id...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The Interior Minister of Montenegro Filip Adzic tweeted that a person suspected to be Terraform Labs CEO Do Kwon was arrested in Podgorica on Thursday.Fugitive Do Kwon was arrested at a Podgorica airport with falsified documents, Minist...
Cryptocoins News / EthereumWorldNews - 1 year ago
Terraform Labs founder Do Kwon has reportedly been arrested in Montenegro.& The country’s Minister of Interior announced Kwon’s arrest on Twitter.The fugitive founder was detained at Podgorica airport for falsifying documents.& South Korea,...
by COINS NEWS - 1 year ago
As per Filip Adzic, Minister of Interior of Montenegro. Translation: ONE OF THE WORLD'S MOST WANTED FUGITIVES WAS ARRESTED IN PODGORICA Montenegrin police have detained a person suspected of being one of the most wanted fugitives, South Korean ci...
Cryptocoins News / The Cointelegraph - 1 year ago
The former blockchain executive is wanted by Interpol for his role in the $40-billion collapse of the Terra ecosystem in May 2022. According to a post from Filip Adzi...
Bitcoin News / Bitcoinist - 1 year ago
21Shares is set to delist its Terra exchange-traded product (ETP) and pull the plug on five other cryptocurrency ETPs, citing a lack of investor interest. The move comes as the firm looks to streamline its offerings and focus on more promising oppor...
