Cointime News Wrapup-Afternoon Version: First Citizens Snaps up Silicon Valley Bank — Branches Open Monday
The deal was announced on March 26 by the Federal Deposit Insurance Corporation (FDIC).
South Korea Officials Seek Arrest of Do Kwon’s Former Terraform Labs Colleague Daniel Shin
South Korean prosecutors are making a fresh effort at arresting Daniel Shin, a financial technology entrepreneur who helped to set up the Terraform Labs crypto project that suffered a $60 billion wipeout last year.
Terra Co-Founder Do Kwon Plans To Appeal Detention Extension After Arrest in Montenegro
According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents.
Images and Footage of Former Crypto Leader Do Kwon's Arrest in Montenegro Go Viral Online
Do Kwon, the former crypto mogul responsible for the $40 billion downfall of two digital currencies in 2022, was recently apprehended at the airport in Podgorica.
Montenegro Charges Crypto Fugitive Do Kwon With Forgery
Prosecutors in Montenegro on Friday charged fugitive cryptocurrency entrepreneur Do Kwon with forgery and South Korean officials vowed to press for his extradition.
Former SEC Branch Chief Explains Why U.S. Has Jurisdiction in Do Kwon Case
U.S. law enforcement has jurisdiction over Singapore-based Terraform Labs and its founder Do Kwon because they knowingly marketed their LUNA and terraUSD (UST) coins to U.S. investors, said Lisa Braganca, a former enforcement branch chief at the U.S. Securities and Exchange Commission.
Terra’s Do Kwon Reportedly Founded Crypto Firm In Serbia, S. Korea Seeks Extradition
Do Kwon, co-founder of Terraform Labs, was detained at an airport in Podgorica, Montenegro on Thursday, South Korean prosecutors and Interpol have now confirmed his identity. South Korea, the U.S., and Singapore seek extradition of Do Kwon.
Cointime News Wrapup-Afternoon Version: Do Kwon Sent $4.5 Million to Top Korean Law Firm
It is alleged that Terraform Labs (TFL) CEO and founder Do Kwon sent $4.5 million to a top Korean law firm through transfers made in July and August of 2022.
Do Kwon Arrested in Montenegro With False Documents, Says Minister
The creator of the failed TerraUSD stablecoin, Do Kwon, has been arrested in Montenegro after being in hiding for several months. Do Kwon was known to have travelled considerably since the epic crash of TERRA LUNA and its algo stable TerraUSD.
Do Kwon Sent $4.5 Million to Top Korean Law Firm
It is alleged that Terraform Labs (TFL) CEO and founder Do Kwon sent $4.5 million to a top Korean law firm through transfers made in July and August of 2022.
