Do Kwon


Policy

Terraform Labs, Do Kwon Agree to Pay SEC a Combined $4.5B in Civil Fraud Case

The settlement agreement, if accepted by a judge, would also ban Kwon and Terraform Labs from buying or selling all crypto asset securities.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing

Do Kwon is currently out on bail in Montenegro, awaiting extradition to either the U.S. or South Korea.

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

Consensus Magazine

Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms

Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Policy

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

The massive sum is a “conservative measure” of Terraform Labs and Do Kwon’s ill-gotten gains, according to the SEC.

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Policy

South Korea’s April 10 Election: What’s at Stake for the Crypto Universe

In South Korea’s election, voters casting their ballot based on crypto policies could be decisive given the predictions of a tight election.

(Daniel Bernard/ Unsplash)

Videos

Bitcoin Price Shot Past $71K; Do Kwon and Terraform Labs Liable for Fraud in SEC Case

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin price rose above the $71,000 level for the first time since the beginning of April. Plus, the latest gains in U.S. crypto-related stocks and a Manhattan jury found Do Kwon and Terraform Labs liable on civil fraud charges brought by the SEC.

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Policy

New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case

The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Policy

Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

The U.S. SEC has argued that Do Kwon and his company lied to investors about the stability of TerraUSD and its integration with a Korean mobile payments app.

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Videos

Is Bitcoin Still Overbought? Do Kwon’s South Korea Extradition Halted

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a new report from JPMorgan that says bitcoin still looks overbought despite the recent sell-off. Plus, the latest on Do Kwon’s South Korea extradition and Frax’s singularity roadmap that aims to boost the TVL of its layer 2 to $100 billion.

Recent Videos

Policy

Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court

The Luna/Terra founder will remain in the Balkan country “until a decision is made” on where to send him to face charges.

Terraform Labs co-founder Do Kwon (CoinDesk TV)