The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy. The United States Attorney’s Office revealed an ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. NEW YORK (AP) — South Korean cryptocurrency ...

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two charges of conspiracy to defraud and ...

The world of cryptocurrency is often likened to the Wild West unregulated, unpredictable, and full of brave pioneers. Among these early settlers was Do Kwon, a name once synonymous with innovation and ...

FILE - Montenegrin police officers escort South Korean citizen, Terraform Labs founder Do Kwon in Montenegro's capital Podgorica, Saturday, March 23, 2024. Photo: Risto Bozovic/AP, File Do Hyeong Kwon ...

NEW YORK (AP) — Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old ...

Do Kwon, a crypto entrepreneur from South Korea, once boasted of building a stablecoin “ecosystem” – free from the tentacles of Wall Street and government regulators. Appearing in a Manhattan ...

Do Hyeong Kwon, an instrumental figure behind a stablecoin and related cryptocurrencies whose more than $40 billion crash sent shock waves through the digital asset industry, pleaded guilty Tuesday in ...