Do Kwon

Despite his imprisonment, it is reported that Do Kwon, the disgraced founder of Terra, managed to make multiple cryptocurrency payments while in custody in Montenegro.

Fracture Labs has sued Jump Trading, accusing it of running a "pump and dump" scheme with DIO tokens, allegedly manipulating the token's price for profit during FractureLabs' fundraising.

Do Kwon's extradition to South Korea has been confirmed by the Montenegro Appellate Court, concluding a complex legal process. Kwon faces charges related to the collapse of Terraform Labs, with significant legal implications in both South Korean and U.S. jurisdictions.

Do Kwon's extradition to South Korea marks a significant development in the ongoing legal saga surrounding the TerraUSD and LUNA collapse. The case's outcome could shape future investor confidence in the cryptocurrency market.

Do Kwon's wife successfully defended her assets in court amid accusations tied to the TerraUSD collapse, securing protection for properties contested by the South Korean government. Meanwhile, Kwon faces extradition requests from the US and South Korea, complicating his legal standing while detained in Montenegro.

The tattoo... was it a "LUNA-tic" decision?

Billion-dollar bombshell: Do Kwon and Terraform Labs embroiled in $4.5 billion SEC penalty! Explosive new evidence suggests a shocking conspiracy behind the catastrophic collapse of Terra, LUNA, and UST. Could Do Kwon and Daniel Shin orchestrate the fall of Terra from the beginning?

Terraform Labs has agreed to a $4.47 billion settlement with the SEC. However, the funds will go to the SEC, not the affected individuals, sparking public outcry from the crypto community and industry leaders.

According to court documents filed by the U.S. Securities and Exchange Commission (SEC) on Wednesday, Terraform Labs and its former CEO Do Kwon have agreed to pay approximately $4.5 billion.

Terraform Labs advocates for a $1 million penalty instead of the $5.3 billion sought by the SEC after Do Kwon's fraud conviction, arguing for financial responsibility distinctions.