Terraform's Do Kwon Set for 2026 Trial in New York on U.S. Fraud Charges

Terraform's Do Kwon Set for 2026 Trial in New York on U.S. Fraud Charges
14 hours ago

Do Kwon, the co-founder of Terraform Labs, is scheduled to face trial in 2026 in New York on multiple fraud charges related to the collapse of the Terra cryptocurrency ecosystem. The charges, led by U.S. prosecutors, accuse Kwon of orchestrating a scheme that misled investors before the dramatic fall of his stablecoin, TerraUSD, which wiped out nearly $40 billion in value.

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DO Kwon, Crypto Mogul, to Be Extradited to the U.S. Following Arrest in Montenegro

DO Kwon, Crypto Mogul, to Be Extradited to the U.S. Following Arrest in Montenegro
14 days ago

In a significant development within the cryptocurrency realm, Do Kwon, the co-founder of Terraform Labs and a central figure behind the Terra blockchain protocol, is set to be extradited to the United States after his recent arrest in Montenegro. This has sent ripples through the crypto community, marking a new chapter in ongoing legal battles surrounding Kwon regarding allegations of fraud and market manipulation.

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