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South Korea’s Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet the criteria for financial investment products. Korea‘s Supreme Court has ruled that the collapsed stablecoin TerraUSD (USTC) and its sister token Terra…

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Today’s edition of the weekly recap includes top headlines of Do Kwon, Razzlekhan’s new music video, Bitcoin’s price slump, Bhutan’s crypto reserve, and other trending news items. Do Kwon trial date set for early 2026 Mango Markets announces closure Will Meta…

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Terraform Labs founder Do Kwon’s criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.

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U.S. prosecutors estimate that Do Kwon, co-founder of Terraform Labs, could potentially have one million victims all around the globe following the downfall of the Terra ecosystem.


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A Manhattan hearing today saw Terraform Labs co-founder, Do Kwon, deny charges tied to the TerraUSD collapse. Do Kwon, the co-founder the co-founder of Terraform Labs, pleaded not guilty to criminal fraud charges in a Manhattan federal court on Thursday…

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Minister of Justice Bojan Božović approved extraditing Terraform Labs founder Do Kwon to the United States.

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Montenegro’s Constitutional Court has rejected an appeal by crypto mogul Do Kwon, paving the way for a decision on his extradition to either the U.S. or South Korea. Do Kwon, founder of Terraform Labs, has lost his appeal in Montenegro’s…



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Do Kwon’s extradition chapter may be finalized as soon as Sunday, Oct. 19, according to local Montenegrin media. The government of Montenegro has reportedly decided where to extradite Terraform Labs co-founder and crypto fugitive Do Kwon, Minister of Justice Bojan…

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Amid Terraform Labs’ ongoing unwind and the extradition battle involving its founder Do Kwon, a wallet linked to both entities moved $62.8 million worth of Bitcoin. According to data from Arkham, an address associated with the beleaguered blockchain firm Terraform…

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Liquidators of the defunct crypto hedge fund Three Arrows Capital are reportedly pursuing a claim of at least $1.3 billion from TerraForm Labs. According to an Aug. 12 report by Bloomberg, the claim stems from 3AC’s losses following the 2022…


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Montenegro’s Supreme Court has delayed the extradition of Do Kwon, the controversial founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor’s Office filed a request for a legal review on August 2. The office…

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On August 1, the Court of Appeal of Montenegro upheld a decision to extradite Do Kwon to South Korea, denying the U.S. its extradition request and reportedly making a ‘final’ decision. Kwon, a South Korean national, is implicated in a…



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Fresh U.S. court filings have revealed that Montenegro’s Prime Minister Milojko Spajic personally invested in fugitive Do Kwon’s Terraform Labs crypto project


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South Korean prosecutors have found new evidence alleging that Terra founder Do Kwon conspired with former Chai CEO Shin Hyun-Sung to deceive investors with fake transactions. Terraform Labs co-founder Kwon Do-Hyeong, a central figure in the collapse of the Terra…



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Terraform Labs plans to dissolve, leaving the Terraform community to monitor the blockchain ecosystem. In the wake of a $4.47 billion settlement with the SEC, Terraform Labs has announced plans to dissolve, leaving the blockchain’s future in the hands of…

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Terraform Labs agreed to pay a bigger penalty than the fine the U.S. Justice Department levied on crypto exchange Binance.