KuCoin pleaded guilty to U.S. criminal charges for operating an unlicensed money-transmitting business and agreed to pay $300 ...

President Donald Trump talks to the media at a public press event following the RNC debate in Houston, Texas in February 2016. Picture: Stock_photo_world/Shutterstock ...

The trial, expected to last four to eight weeks, will address criminal fraud charges tied to the catastrophic $40 billion collapse of the TerraUSD (UST) stablecoin and its sister token LUNA in 2022.

Kwon has been accused of various counts of commodities fraud, conspiracy, securities fraud, and wire fraud in connection with the collapse of LUNC and stablecoin TerraUSD in 2022, which caused an ...

Terraform Labs Pte. cofounder Do Kwon will go on trial early next year in the US on criminal fraud charges tied to the $40 billion collapse of the TerraUSD stable coin in 2022. US District Judge Paul ...

The scam, however, started with two tokens, TerraUSD and Luna. TerraUSD is a token designed always to be worth a dollar. Kwon, on the other hand, has supported a complex scheme that manipulates market ...

Federal prosecutors in Manhattan on Thursday unsealed a nine-count indictment charging Kwon, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies ...

Cryptocurrency investors in Korea welcomed the U.S. Justice Department’s announcement that Do Kwon, the crypto tycoon involved in the 2022 collapse of TerraUSD and Luna coins, could face up to ...

The US government finally got its metaphorical hands on Do Hyeong Kwon, the 33-year-old Korean national who built a financial empire on the cryptocurrency Luna and the "stablecoin" TerraUSD ...

Federal prosecutors in Manhattan on Thursday unsealed a nine-count indictment charging Kwon, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies ...