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#do kwon
tomorrowusa · 1 year
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I haven’t mentioned for a few weeks what a shit show crypto is. So let John Oliver do it far better than anybody else can.
I’ll just add is that the only value crypto has is the value that people think it has. As John Oliver put it, it’s totally based on “good vibes”. It’s essentially just digital play money that people buy with real money.  
One of the sketchy crypto characters John mentioned is Do Kwon. He is now in custody in Montenegro – nabbed while fleeing arrest by the authorities in the US and South Korea.
Interpol confirms arrest of crypto fugitive Do Kwon in Montenegro
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macmanx · 1 year
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In theory, they were supposed to be our next dollar, our next Bank of America, and our next stock exchange, but in reality, they are fiascos.
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emmywalka · 2 years
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THE GREAT CRYPTO CLEANSE OF 2022. WHO REMEMBERS HOW IT STARTED? RIGHT CLICK SAVE THIS AND SHOW TO YOUR GRAND CHILDREN
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fps420 · 2 years
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Bitconnect!!
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dencyemily · 2 months
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Legal Milestone: Montenegro High Court Greenlights Extradition of Do Kwon to the United States
The legal landscape for Terraform Labs and its former CEO, Do Kwon, has taken a tumultuous turn with the recent Podgorica High Court ruling in favor of Kwon's extradition to the United States. This decision, which sidelined South Korea's extradition request, unfolds against the backdrop of wire fraud and securities fraud charges faced by Kwon in both the U.S. and South Korea.
The extradition approval, following a period of legal deliberation and guided by an Appeals Court directive, has paved the way for a phased legal battle in the U.S. for Kwon. The intricacies of the case include Kwon's arrest alongside Han Chang-joon at Podgorica airport, attempting to leave the country with forged passports. While Han has been extradited to South Korea, Kwon's legal challenges persist.
Montenegro's Justice Minister, Andrej Milović, highlighted the role of the United States as a key foreign policy ally in the extradition decision. The timing of Kwon's transfer to the U.S. remains uncertain, adding an element of suspense to the unfolding legal drama that began with Terra's downfall.
The legal battles stem from the aftermath of the TerraUSD collapse, a significant event that caused a market loss of approximately $40 billion. The U.S. and South Korea are actively pursuing legal action against Kwon and other Terraform Labs executives to address the implications of this collapse.
In the midst of these challenges, Terraform Labs initiated Chapter 11 bankruptcy proceedings in Delaware. CEO Chris Amani emphasized the critical nature of this step, addressing legal challenges, including a lawsuit from the SEC and proceedings in Singapore. The bankruptcy filing, revealing assets and liabilities within the $100 million to $500 million range and a broad creditor base, aims to navigate the intricate legal landscape stemming from Terraform Labs' legal entanglements.
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coinatory · 9 months
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New CEO Unveiled for Terraform Labs
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Terraform Labs, the blockchain company, has appointed Chris Amani as its new CEO. Amani has pledged to steer the company's products in different directions and has no plans to continue offering algorithmic stablecoins. The former CEO, Do Kwon, stepped down several months ago to address his legal matters. Currently, he is imprisoned in Montenegro, with the USA and South Korea claiming him as the primary cause behind the LUNA/UST crash last year and seeking his extradition. According to The Wall Street Journal, Chris Amani, the former Chief Operating Officer and Chief Financial Officer of Terraform Labs, has been promoted to the position of CEO. The company is optimistic about his appointment, believing he is the right choice for the role. Amani has expressed his commitment to developing applications that offer tangible value
Read more on New CEO Unveiled for Terraform Labs
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kripto-parahaber · 10 months
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Terraform Labs, şüpheli token satışlarıyla dikkatleri üzerine çekiyor!
#Terraform Labs, şüpheli token satışlarıyla dikkatleri üzerine çekiyor!
Kripto Para Haber – Terraform Labs, ABD SEC’in Terra ve Do Kwon’a karşı açtığı davada karar vermeden önce, ellerindeki milyonlarca kripto token’ı satıyor. Do Kwon ve Daniel Shin tarafından ortaklaşa kurulan Terraform Labs, son iki günde yaklaşık 110.000 Convex Finance (CVX) token’ını 450.000 dolar değerinde sattı. Mayıs ayında Terraform Labs, 1.8 milyon CVX token’ını yaklaşık 8.7 milyon dolar…
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fintechmirror · 1 year
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cryptotalemedia · 2 years
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Do Kwon Says His Investigation Is Politically-Motivated
Do Kwon Says His Investigation Is Politically-Motivated #CryptoTale #CryptoNews #Crypto #Blockchain
Do Kwon, the controversial creator of Terra, has said that the allegations that have been brought against him by South Korean prosecutors are not legal and are driven by politics. Kwon made these remarks in his most recent interview with Laura Shin for the UnChained podcast. He was commenting on the entire scandal that has surrounded him ever since the failure of his project earlier this…
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reportwire · 2 years
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‘Revival Plan’ Boosts ‘Essentially Zero’ Luna Price By 1,000% Amid Bitcoin, Ethereum And Crypto Crash
‘Revival Plan’ Boosts ‘Essentially Zero’ Luna Price By 1,000% Amid Bitcoin, Ethereum And Crypto Crash
Luna LUNA , the collapsed cryptocurrency that was designed to support the terraUSD (UST UST ) stablecoin, has rocketed higher over the last 24 hours despite falling to near zero this week—a dramatic collapse that shook the wider bitcoin and crypto market. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The luna price,…
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yardimsorgulama · 2 years
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LUNC COİN TARİHİ GÜN🚀🔥 LUNC YAKIMLARI RESMEN BAŞLADI🔥BUGÜN NELER OLUCAK🔥 FED FAİZ KADARI ETKİLER Mİ🔥 2022 #kriptopara #bitcoin #btc #coin
LUNC COİN TARİHİ GÜN🚀🔥 LUNC YAKIMLARI RESMEN BAŞLADI🔥BUGÜN NELER OLUCAK🔥 FED FAİZ KADARI ETKİLER Mİ🔥 2022 #kriptopara #bitcoin #btc #coin
LUNC COİN TARİHİ GÜN🚀🔥 LUNC YAKIMLARI RESMEN BAŞLADI🔥BUGÜN NELER OLUCAK🔥 FED FAİZ KADARI ETKİLER Mİ🔥 yazımıza hoş geldiniz. Ayrıca LUNC COİN TARİHİ GÜN🚀🔥 LUNC YAKIMLARI RESMEN BAŞLADI🔥BUGÜN NELER OLUCAK🔥 FED FAİZ KADARI ETKİLER Mİ🔥 konusundaki görüşlerinizi alt kısımdan yorum olarak oluşturursanız seviniriz. Bu konu son zamanlarda oldukça günceldir. 2022 yılı içerisinde çok popüler olan ve de…
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worldnews360 · 2 years
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SINGAPORE, Sept 18 Do Kwon, the South Korean author of the failed cryptocurrency Terra, isn't in Singapore as had been believed, the megacity-state's police said late history, raising questions about his whereabouts. 
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bilgikripto · 2 years
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Son Dakika: Güney Kore, Luna Ceo'su Hakkında Tutuklanma Emri Çıkardı!
#luna #lunc #terra #dokwon
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criptofanatico · 2 years
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Corea del Sur podría aliarse con Estados Unidos para investigar crímenes relacionados con criptomonedas
El ministro de justicia de Corea del Sur, Han Dong-hoon, se reunió con agencias de investigación de Estados Unidos  en New York, este martes 5 de julio, en el contexto de las investigaciones independiente llevadas a cabo por ambos países con respecto a Terra  y a su co-fundador Do Kwon.El funcionario sustuvo conversaciones con Andrea M. Griswold, co-director del Grupo Especial para los Instrumentos Financieros y Materias Primas, así como con Scott Hartman, de la división de fraude de este último.
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La reunión fue llevada a cabo en la oficial del fiscal del distrito sur de New York, de acorde a los datos publicados por Ministerio de Justicia sudcoreano. Los oficiales discutieron sobre maneras de compartir datos investigativos de los casos criminales relacionados con las criptomonedas  entre Seúl y la oficina del fiscal, según agregó la declaración oficial al respecto. Han también se reunió con oficiales del Buró Federal de Investigaciones (FBI, por sus siglas en inglés).
Los funcionarios acordaron elevar la cooperación en la lucha contra los crímenes financieros de índole transnacional tales como el ciber-crimen utilizando criptodivisas o ransomware. La oficina del fiscal del Distrito Sur de Seúl se encuentra actualmente investigan a Terraform Labs  y a su director ejecutivo Kwon Do-hyung, bajo posibles cargos de fraude, mientras que la Comisión para el Intercambio de Valores (SEC) está examinando la compañía por posibles violaciones de leyes federales.
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