Do Kwon


Policy

DOJ Crypto Enforcement Memo Has No Bearing on Do Kwon’s Criminal Case, Prosecutors Say

Prosecutors told a New York judge on Thursday that they don’t plan to change the charges against Kwon in light of the memo.

Terraform Labs co-founder and former CEO Do Kwon is escorted by police in Montenegro in 2024 (Photo by Filip Filipovic/Getty Images)

Tech

The Protocol: Hyperliquid Responds to Decentralization Criticism

Also: Ripple’s Chainlink deal; Pyth partners with Revolut

liquid hand

Policy

Do Kwon Criminal Trial Set for 2026 as Lawyers Deal with ‘Massive’ Trove of Evidence

Prosecutors are currently working to unlock four of Kwon’s cell phones provided by Montenegrin authorities.

Do Kwon, cofounder of Terra. (Terra, modified by CoinDesk)

Videos

SPX6900 Hype Continues; Do Kwon Pleads Not Guilty to Fraud: Report

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry as SPX6900 crossed a $1.1 billion capitalization earlier Friday to set a new record. Plus, BlackRock’s IBIT bled over $332 million and Do Kwon pleaded not guilty to charges of fraud.

SPX6900 Hype Continues; Do Kwon Pleads Not Guilty to Fraud: Report

Policy

Do Kwon Pleads Not Guilty to Fraud Following Extradition to US: Reuters

Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated $40 billion

Do Kwon (CoinDesk archives)

Policy

Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg

Earlier, in June 2023, the liquidators sought $1.3 billion from the founders of 3AC, Su Zhu and Kyle Davies.

Three arrows hit bullseye of a target (QuinceCreative/Pixabay)

Videos

Do Kwon’s Extradition Postponed Yet Again; Coinbase Argues Against CFTC Rules

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, including the delay of Do Kwon’s extradition from Montenegro at the request of the country’s top prosecutor. Plus, Coinbase argues against the CFTC's proposed rules regarding prediction markets, and JPMorgan says positive catalysts have been priced in.

Recent Videos

Policy

Do Kwon’s Extradition from Montenegro Postponed Yet Again

Kwon has been held in the Balkan country since his arrest in March 2023.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request

Kwon has been in custody in the Balkan country since March 2023, when he was arrested for using a fake passport en route to Dubai.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Videos

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement; Gensler Speaks on Ether ETF Approval

"CoinDesk Daily" host Michele Musso breaks down the biggest headlines impacting the crypto industry today, as a U.S. judge has agreed to a settlement between the SEC, Terraform Labs and its former CEO Do Kwon. Plus, SEC Chair Gary Gensler told senators in a budget hearing that the applications to run ether spot ETFs should be finished this summer and a JPMorgan research report says digital assets have seen $12 billion of net inflows year-to-date.

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