Kwon

Once hailed as a genius, South Korean entrepreneur Do Kwon -- now facing multiple criminal charges over his failed cryptocurrency -- was a brash industry figure whose fame disintegrated into global notoriety.After months on the run, the…

Montenegrin police on Friday formally charged Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,29,500 crore) or more last year, for forging official documents after…

Kwon Do-hyeong or Do Kwon, the South Korean responsible for the $40bn collapse of the cryptocurrencies terraUSD and Luna, has been arrested in Montenegro, Interpol said on Friday.The 31-year-old was arrested earlier on Thursday along with…

The US District Court in Manhattan filed an eight-count fraud indictment against Do Kwon on Thursday following news of his arrest on an Interpol warrant in Montenegro.  The indictment charges Kwon, a South Korean national who co-founded…

Seoul/Atlanta CNN  —  Interpol says a man arrested in Montenegro is Kwon Do-hyeong, also known as Do Kwon, the disgraced founder of a collapsed crypto company who is wanted in…

Kwon reportedly flew from South Korea to Singapore ahead of the company's crash in May last year. In September, Seoul prosecutors requested that Interpol place him on the red notice list across the agency's 195 member nations, and also…

A screen, right, shows the falling values of the Luna cryptocurrency, at a cryptocurrency exchange in Seoul, South Korea, Friday, May 27, 2022. Police in Montenegro…

Do Kwon, the founder of Terraform Labs and creator of the collapsed stablecoin Terra, has been charged with eight counts of fraud by federal prosecutors in the Southern District of New York, including “wire fraud, commodities fraud,…

Last Updated: March 24, 2023, 05:21 ISTLawyers for Kwon in the United States did not immediately respond to requests for comment after business hours. (Image: Do Kwon Instagram)Lawyers for Kwon in the United States did not immediately…

The US Securities and Exchange Commission has charged crypto developer Do Kwon and his company Terraform Labs with defrauding investors in what the regulator deemed a multibillion-dollar scheme, according to a…