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Last updated: June 15, 2025, 20:24  |  Written by: Chris Larsen

Development Company
Development Company

Terraform Labs Co

However, in May 2025, the value of both UST and Luna plummeted, leading to over $34 billion (50 trillion won) in losses for investors worldwide. In an indictment presented

JAKARTA Founder of Terraform Labs, Do Kwon, faces serious charges that could affect more than one million victims worldwide. These allegations were filed by US prosecutors after Kwon

Terraform Labs co-founder Do Kwon was extradited to the U.S. Kwon faces nine felony charges, including fraud, criminal conspiracy, and money laundering. The collapse

South Korean lawmakers want Do Kwon to do some explaining

Do Kwon Pleads Not Guilty to U.S. Charges for $40 Billion

Ex-Terraform Labs CEO faces first U.S. court, denies charges over

Do Kwon

Do Kwon, co-founder of Terraform Labs, appeared in a U.S. court on Jan. 2, 2025, where he pleaded not guilty to charges stemming from the collapse of the Terra

US Prosecutors Scale TerraUSD Collapse Impact Ahead of Do

Do Kwon Pleads Not Guilty in U.S. Court Over Terra Collapse

The Charges Kwon Faces In

Terra LUNA Case, Do Kwon Charged With Loss Of Investors Of IDR

The charges Kwon faces in the U.S. include wire fraud, securities fraud, and money laundering, stemming from accusations that he misled investors about the stability of the Terra blockchain

Do Kwon was trying everything under the sun that would help in resurrecting his assets. As a result, he went on to propose a hard fork of the blockchain.

How Deep Is Kwon In

Do Kwon's Terra Trial Set for 2025Here's What You Need to Know

How Deep Is Kwon In Legal Trouble? However, what’s at stake for Do Kwon is not as much as anticipated by those who lost in Terra investments. According to a CNBC

Do Kwon Imprisonment? Here’s Reality Behind Lawsuit On Terra

The Trial

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

Chris Larsen can be reached at [email protected].

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