SEC lawyers previewed a likely appeal to overturn portions of last week’s Ripple Labs in a separate enforcement case against TerraUSD and Luna creators Do Kwon and Terraform Labs.
TheBlockHe also asserted that the person he was caught with was innocent.
cryptopotatoKwon’s attorneys will seek to reduce the 30-day detention extention period ruled by the Montenegrin authorities.
cryptopotatoTerraform Labs is headquartered and registered in Singapore and this is the first time the country has publicly taken action against Do Kwon and his firm.
CryptoSlateOverall, charges against Kwon center around securities fraud, conducting an unregistered securities offering, and further securities violations.
FinboldAfter recently entering Serbia, Terra founder Do Kwon transferred 9.64 BTCS (then worth nearly $190,000) from the LFG wallet to the Binance wallet on November 8. This is the first time that on-chain data has captured Do Kwon's exchange of bitcoins for cash, such as dollars, while he was on the run.
OthersLUNC has bounced at the $0.000275 support area. LUNA has decreased by 66% since Sept. 9.
BeincryptoWhile Tornado Cash developers are fearing for their lives, Do Kwon is "partying," according to podcaster Eric Conner.
CointelegraphA new Anonymous video surfaced and it points its finger at the infamous Do Kwon. The Terra/ UST/ LUNA collapse ...
BitcoinistDo Kwon's co-founder and CEO of TerraForm Labs recently announced the Terra revival plan and received mixed reactions; many of ...
Bitcoinist