Korea Joongang Daily
Korea JoongAng Daily

U.S. court approves bankruptcy wind-down for Terraform Labs

Terraform Labs, the platform behind the collapsed stablecoin TerraUSD, has been approved by a U.S. court to wind down operations in bankruptcy on Thursday after agreeing to a $4.47 billion settlement with the U.S. Securities and Exchange Commission.

2024-09-20

Do Kwon's extradition to Korea nixed by Montenegro's top court

The Supreme Court of Montenegro scrapped the extradition of Terraform Labs founder Do Kwon to his home country of Korea.

2024-04-07

Montenegro's Supreme Court puts Do Kwon's extradition to Korea on hold

The extradition from of failed crypto mogul Do Kwon from Montenegro to Korea has been put on hold by the European country's top court as it reviews the procedures that led to the decision to send him home.

2024-03-22

Montenegro court confirms extradition of disgraced crypto mogul Do Kwon to Korea

An appeals court in Montenegro confirmed a ruling on Wednesday to extradite the failed crypto mogul Do Kwon, co-founder of Terraform Labs, to Korea rather than the United States.

2024-03-21

Terra's Do Kwon to be extradited to Korea: Montenegro court

The failed crypto mogul Do Kwon will be extradited to Korea rather than the United States over the $40 billion collapse of the TerraUSD coin in 2022, said a Montenegrin high court on Thursday.

2024-03-08

Terra founder Do Kwon faces U.S. extradition by mid-March, lawyer says

Terraform Labs co-founder Do Kwon could be extradited to the United States by March to face charges of fraud.

2024-01-15

Terraform Labs' Do Kwon faces extradition in Montenegro

Do Kwon, co-founder of Terraform Labs, has been granted extradition to Korea or the United States by a Montenegro court. Kwon was arrested in Podgorica in March after months on the run with forged passports.

2023-11-26

[INTERVIEW] Oneus becomes mermen princes serenading in Spanish for 'La Dolce Vita'

K-pop boy band Oneus surprises fans with their unique concept as they transform into mermen princes and sing in Spanish for their 10th EP, "La Dolce Vita." The album marks a new direction for the group, departing from their traditional Korean themes.

2023-09-26

Do Kwon given 4 months in prison by Montenegrin court

Terraform Labs co-founder Do Kwon was sentenced to four months in prison by a Montenegrin court for passport forgery. The Basic Court in Podgorica announced it handed four-month prison terms to both. They denied the charges during previous hearings.

2023-06-20

Terraform Labs co-founder Do Kwon moved $29 million after arrest

Disgraced Terraform Labs co-founder Do Kwon moved some $29 million of his assets after he was arrested in Montengro in March, according to Korean prosecutors.

2023-06-09