Montenegrin high court revokes bail for Do Kwon and former CFO

A Montenegrin high court has revoked bail for Terraform Labs co-founder Do Kwon and the former chief financial officer.

Do Kwon allegedly withdraws $2.15m in stablecoins

After being granted bail by a court in Montenegro, Terra co-founder Do Kwon reportedly removed digital assets worth around 2.8 billion won ($2.15 million), according to several reports from South Korean media agencies.

SEC filings uncover secret agreement between Jump Trading and Terraform Labs

Chicago-based crypto trading firm Jump Trading is once again facing scrutiny from the U.S. Securities and Exchange Commission (SEC) as new court filings shed light on a clandestine agreement between the company and the now-defunct Terraform Labs regard…

How Jump Trading allegedly manipulated UST into collapse

A new lawsuit claims Chicago-based Jump Trading manipulated the price of TerraUSD (UST) and unjustly earned billion-dollar profits.

The post How Jump Trading allegedly manipulated UST into collapse appeared first on Protos.

Montenegro court releases Terra founder Do Kwon on $436k bail

Terraform Labs founder Do Kwon and his former chief financial officer Han Chong-Joon have been granted bail by a court in Montenegro. According to media reports, the court decided to release Kwon and Han to house arrest under police supervision on…

Terraform’s Do Kwon pleads not guilty to fake travel documents charges

Terraform Labs co-founder Do Kwon pleaded not guilty in a Montenegrin court on Thursday to a charge of forging his passport and travel documents. Kwon’s hearing comes a month after Kwon and Chang-joon Han, Kwon’s former colleague, who also pleaded not guilty, were arrested at the airport in Podgorica, the capital of Montenegro, while trying to […]

Terraform’s Do Kwon pleads not guilty to fake travel documents charges by Kate Park originally published on TechCrunch