Terra News

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…

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…

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…

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…

Infamous blockchain protocol Terra has recently been allegedly exploited due to a vulnerability that was revealed months ago. According to a Cyvers Alerts post on X today, July 31, hackers have stolen 60 million ASTRO, 3.5 million USDC, 500,000 USDT…

Ethena price has stabilized in the past three days as the developers continued to attract USDe integrations. ENA was trading at $0.58 on Thursday, 12.5% above its lowest level this month. It remains 48% below its all-time high. Ethena’s developers…

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…

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…

Another twist in the extradition saga of Terraform Labs founder Do Kwon revealed that the forgery convict will not return to his native South Korea just yet. 

South Korean authorities inched closer to accosting Do Kwon over Terra’s $60 billion collapse following a March 20 court ruling in Montenegro.

Do Kwon is set to return to his native South Korea for criminal prosecution two years after the collapse of Terra’s tokens, which shook the crypto industry.

The Montenegro Court of Appeals has ruled against fugitive Do Kwon's extradition to the United States to face fraud charges.

Terra founder Do Kwon will be extradited to the U.S. following months of back and forth between courts in Montenegro.

The Montenegro Court of Appeals revoked Do Kwon's extradition to his native South Korea or the U.S. for a second time. 

A former team leader of Terra reportedly testified against Do Kwon, saying he knew that the project was legally problematic. The 14th Criminal Division of the Seoul Southern District Court engaged the first witness on Feb. 5 in a case…

Singapore-based Terraform Labs says its recent bankruptcy filing will help it pursue a “do-or-die” appeal against the U.S. Securities and Exchange Commission (SEC). According to a Reuters report, Terraform Labs, the developer behind the Terra blockchain ecosystem, filed for bankruptcy…