Cryptocoins News / The Cointelegraph - 1 year ago
The court says that It is difficult to see the Luna token as a financial investment product regulated by the Capital Markets Act. A South Korean district court has di...
by COINS NEWS - 1 year ago
submitted by /u/MaRKOO221 [link] [comments]
Cryptocoins News / Blockchain - 1 year ago
Do Kwon, co-founder of Terraform Labs, has defended himself against allegations of fraud from the US Securities and Exchange Commission (SEC). Kwon’s lawyers have requested the dismissal of the lawsuit, claiming that the SEC's allegations are unfound...
Cryptocoins News / Blockchain - 1 year ago
Terraform Labs co-founder, Do Kwon's lawyers have argued in court against the SEC's lawsuit for illegally offering unregistered securities. The lawyers claim the SEC's acquisitions are unfounded and that the stablecoin in question is a currency, not...
Cryptocoins News / Blockchain - 1 year ago
The Prosecutor’s Office of the State of Podgorica has indicted former Terraform Labs co-founder Do Kwon for allegedly forging legal documents. Kwon was arrested in March after allegedly attempting to board a flight to Dubai with fake documents. Han C...
Bitcoin News / Bitcoin.com - 1 year ago
Nearly a month after Do Kwon’s arrest by Montenegro law enforcement, local prosecutors have now indicted the co-founder and CEO of Terraform Labs. The decision to indict Kwon is likely to delay attempts to extradite him to South Korea and the U...
by COINS NEWS - 1 year ago
submitted by /u/FattestLion [link] [comments]
by COINS NEWS - 1 year ago
While Terraforms’ Do Kwon and Han Chang-jun are facing charges in Montenegro, the other co-founder, Shin Hyun-seung, still walks free in South Korea. Prosecutors in Mo...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Do Kwon’s attempt to stop the SEC from accessing Terraform documents was squashed by a U.S. judge on Friday.The SEC contacted Singapore’s Monetary Authority regarding documents linked to Kwon, Terraform Labs, and the Luna Foundation Gua...
by COINS NEWS - 1 year ago
submitted by /u/nebula21399 [link] [comments]
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Terraform Labs founder Do Kwon retained a South Korean law firm shortly before his crypto company collapsed in May.Kwon paid local firm Kim & Chang $9 billion won ($7 million) leading up to Terra’s astronomical crash, Bloomberg and...
by COINS NEWS - 1 year ago
submitted by /u/ProudBitcoiner [link] [comments]
Cryptocoins News / Blockchain - 1 year ago
South Korean prosecutors confirmed that Terraform Labs CEO Do Kwon sent $7 billion to a top South Korean law firm, Kim & Chang, right before the collapse of the Terra ecosystem. The prosecutors believe that Kwon's decision to send the funds was...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Hovers Around $30,000 As Ecoterra Rallies To Above $470,000& & Outlook India
Bitcoin News / Bitcoin.com - 1 year ago
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-...
Cryptocoins News / Blockchain - 1 year ago
Terraform Labs CEO, Do Kwon, sent millions to a South Korean law firm right before the company's collapse. Prosecutors believe Kwon's actions were deliberate and prove his awareness of the impending collapse and anticipated legal problems. Kwon is cu...
by COINS NEWS - 1 year ago
submitted by /u/fap_fap_fap_fapper [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case. South Korean prosecut...
Cryptocoins News / The Cointelegraph - 1 year ago
Flatcoins need to provide a more stable and decentralized alternative to traditional currencies — otherwise, they’re nothing but investment vehicles. The post-COVID-19...
Bitcoin News / Google News Bitcoin - 1 year ago
Latest Crypto News: Terraport Suffers $2 Million Breach, Bitcoin Crosses $30K After June 2022& & Outlook India
Cryptocoins News / The Cointelegraph - 1 year ago
Terra users are losing another round of funds due to a breach on the new DeFi platform Terraport Finance, which launched on March 31. The algorithmic stablecoin TerraU...
Bitcoin News / Google News Bitcoin - 1 year ago
Terra Founder Do Kwon Converted All His Assets From LUNA To ...& & Benzinga
Cryptocoins News / Blockchain - 1 year ago
South Korean prosecutors have identified $314.2 million in illicit assets linked to Do Kwon and Terraform Labs. Kwon reportedly converted most of the funds into Bitcoin using overseas exchanges, making it difficult for the authorities to recover the...
Bitcoin News / Bitcoin.com - 1 year ago
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash w...
by COINS NEWS - 1 year ago
submitted by /u/Dongerated [link] [comments]
