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DoKwon

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TerraHaberTR
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ThorChain came to the forefront after news that TFL would sell the Station Wallet. The CEO of ThorChain had also made confusing posts regarding UST. Afterwards; the Station Wallet was transferred to Bioeconomy. The CEO of BioEconomy was not a stranger to the ThorChain team... At this point; we saw that Bioeconomy was a custodian. As expected, the Station Wallet was transferred to Ruji Holdings. In other words, to ThorChain... We do not know what this development will bring for $LUNC, $USTC, and $LUNA. ThorChain has its own coins as well. The Terra Classic community does not need the Station Wallet. The number of alternative wallets has increased. Will ThorChain have a plan for USTC and LUNC? Is there a preparation for Do Kwon's return? It is known that the CEO of ThorChain has a fascination with Do Kwon and UST. "Don't forget that the "TCB THORmaximalist" validator serves on the Terra Classic chain..." We will all follow together to see what the new situation brings. #DoKwon #Altcoins #LUNC #USTC #ThorChain $LUNC {spot}(LUNCUSDT)
ThorChain came to the forefront after news that TFL would sell the Station Wallet. The CEO of ThorChain had also made confusing posts regarding UST.
Afterwards; the Station Wallet was transferred to Bioeconomy. The CEO of BioEconomy was not a stranger to the ThorChain team...
At this point; we saw that Bioeconomy was a custodian. As expected, the Station Wallet was transferred to Ruji Holdings. In other words, to ThorChain...
We do not know what this development will bring for $LUNC , $USTC, and $LUNA. ThorChain has its own coins as well. The Terra Classic community does not need the Station Wallet. The number of alternative wallets has increased.
Will ThorChain have a plan for USTC and LUNC? Is there a preparation for Do Kwon's return? It is known that the CEO of ThorChain has a fascination with Do Kwon and UST.
"Don't forget that the "TCB THORmaximalist" validator serves on the Terra Classic chain..."
We will all follow together to see what the new situation brings.

#DoKwon #Altcoins #LUNC #USTC #ThorChain $LUNC
0xWho:
You need a Station Wallet for Ledger! No other wallet has this option to put Lunc on Ledger.
🔍 Smart Money is Accumulating $LUNC 📉📈 Despite its low price, $LUNC is showing strong accumulation signals—especially from whales and institutional players. This kind of silent buying pressure often precedes explosive moves. 📊💥 If the current trend holds, a major breakout may be on the horizon. Don’t sleep on it. 👀 🚀 Accumulation → Expansion 🚀 Weak hands out, strong hands in $LUNC #FTX #DoKwon #Altseason #LUNCBreakout
🔍 Smart Money is Accumulating $LUNC 📉📈

Despite its low price, $LUNC is showing strong accumulation signals—especially from whales and institutional players. This kind of silent buying pressure often precedes explosive moves. 📊💥

If the current trend holds, a major breakout may be on the horizon. Don’t sleep on it. 👀

🚀 Accumulation → Expansion
🚀 Weak hands out, strong hands in

$LUNC
#FTX #DoKwon #Altseason #LUNCBreakout
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Bullish
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$LUNC $USTC $LUNA 🚨🚨🚨🚨🚨🚨🚨🚨🚨 the defense of #DoKwon requests a new extension for the date of the motions #LUNC We represent Do Kwon in the aforementioned case. We write to respectfully request an additional two-week extension of the deadline for filing pre-trial motions (and the deadlines for responses and replies), which currently expire on July 29, 2025. The government joins this request. The parties have previously requested two extensions of this deadline, which were granted. See ECF 40, 41, 42, 43 Although Mr. Kwon is prepared to file motions before July 29, the parties continue to engage in productive discussions regarding pre-trial motions and related matters. A new extension of the deadline would allow the parties to continue those discussions and potentially avoid the unnecessary practice of motions. The parties believe that no other deadline would be affected by such an extension. {spot}(LUNCUSDT)
$LUNC $USTC $LUNA 🚨🚨🚨🚨🚨🚨🚨🚨🚨
the defense of #DoKwon requests a new extension for the date of the motions #LUNC
We represent Do Kwon in the aforementioned case. We write to respectfully request an additional two-week extension of the deadline for filing pre-trial motions (and the deadlines for responses and replies), which currently expire on July 29, 2025. The government joins this request. The parties have previously requested two extensions of this deadline, which were granted. See ECF 40, 41, 42, 43

Although Mr. Kwon is prepared to file motions before July 29, the parties continue to engage in productive discussions regarding pre-trial motions and related matters. A new extension of the deadline would allow the parties to continue those discussions and potentially avoid the unnecessary practice of motions. The parties believe that no other deadline would be affected by such an extension.
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Bullish
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The Do Kwon case continues to be prolonged. Do Kwon's lawyers have requested an extension again. It is reported that there have been productive discussions between Do Kwon's lawyers and government officials. For this reason, extensions are being requested. Do Kwon's team wants to gain more time to benefit from changes in the Ministry of Justice and the reform of cryptocurrency policy. The GENIUS and CLARITY laws passed in the US will change the course of the Do Kwon case. We will continue to follow the case closely related to $LUNC and $USTC... #DoKwon #LUNC #USTC $LUNC {spot}(LUNCUSDT)
The Do Kwon case continues to be prolonged. Do Kwon's lawyers have requested an extension again.
It is reported that there have been productive discussions between Do Kwon's lawyers and government officials. For this reason, extensions are being requested.
Do Kwon's team wants to gain more time to benefit from changes in the Ministry of Justice and the reform of cryptocurrency policy. The GENIUS and CLARITY laws passed in the US will change the course of the Do Kwon case.
We will continue to follow the case closely related to $LUNC and $USTC...

#DoKwon #LUNC #USTC $LUNC
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You should consider the requests for additional time in the Do Kwon case positively. With the approval of the GENIUS and CLARITY laws in the U.S., the course of the Do Kwon case will also change. The additional time requested for interim hearings will not affect the date of the final ruling. Many issues in the Do Kwon case can be resolved without coming before the presiding judge. Do Kwon's situation will indirectly affect $LUNC and $USTC. For this reason, we will continue to closely monitor the situation. #DoKwon #TerraClassic #Altcoins #LUNC $LUNC {spot}(LUNCUSDT)
You should consider the requests for additional time in the Do Kwon case positively.
With the approval of the GENIUS and CLARITY laws in the U.S., the course of the Do Kwon case will also change. The additional time requested for interim hearings will not affect the date of the final ruling.
Many issues in the Do Kwon case can be resolved without coming before the presiding judge. Do Kwon's situation will indirectly affect $LUNC and $USTC. For this reason, we will continue to closely monitor the situation.

#DoKwon #TerraClassic #Altcoins #LUNC $LUNC
Feed-Creator-e78d5f9f7:
As long as Ustc and Lunc Tfl and do kvon are in the hands of loan sharks, they use them as leverage for their freedom. The court cases drag on and the investors wait with hope,
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Bullish
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$LUNC $USTC $LUNA 🎊🚨🌜🌜🎂🎂 tomorrow on 26/07/ is a very important date for the lunatics ESPARTANS 🐦‍🔥 #LUNC 06 years of battles achievements but also sorrows 1.3$ we continue moving forward building our future that can no longer be postponed #DoKwon soon we will know about it and #Binance will also provide new news about lunch {spot}(LUNCUSDT)
$LUNC $USTC $LUNA 🎊🚨🌜🌜🎂🎂 tomorrow on 26/07/ is a very important date for the lunatics ESPARTANS 🐦‍🔥 #LUNC 06 years of battles achievements but also sorrows 1.3$ we continue moving forward building our future that can no longer be postponed #DoKwon soon we will know about it and #Binance will also provide new news about lunch
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High-profile cryptocurrency criminals welcome the new year behind barsThe new year brings a fresh start for many, but for some individuals who were once at the center of the cryptocurrency industry, this is a time to face the consequences of their wrongdoing. Below is a list of some prominent figures in the cryptocurrency space who are serving prison sentences: 1. Sam Bankman-Fried (SBF) Charge: Fraud, conspiracy, and money laundering. Sentence: 25 years in prison. Incarceration location: Metropolitan Detention Center, Brooklyn, New York.

High-profile cryptocurrency criminals welcome the new year behind bars

The new year brings a fresh start for many, but for some individuals who were once at the center of the cryptocurrency industry, this is a time to face the consequences of their wrongdoing. Below is a list of some prominent figures in the cryptocurrency space who are serving prison sentences:

1. Sam Bankman-Fried (SBF)
Charge: Fraud, conspiracy, and money laundering.
Sentence: 25 years in prison.
Incarceration location: Metropolitan Detention Center, Brooklyn, New York.
What if the unthinkable became reality? 🤝 #DoKwon and CZ burying the hatchet — could this mark a fresh beginning for #LUNC and the broader crypto world? Sometimes, a single handshake can change the course of history. #Crypto #Binance #TerraClassic
What if the unthinkable became reality? 🤝
#DoKwon and CZ burying the hatchet — could this mark a fresh beginning for #LUNC and the broader crypto world?
Sometimes, a single handshake can change the course of history.
#Crypto #Binance #TerraClassic
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Seeing the stablecoin wars, we understand better why they attacked $USTC . Do Kwon created an enormous blockchain. They made him pay the price for his success. #DoKwon $LUNC #USTC
Seeing the stablecoin wars, we understand better why they attacked $USTC .

Do Kwon created an enormous blockchain. They made him pay the price for his success.

#DoKwon $LUNC #USTC
"I’ve always had faith in Do Kwon. He’s not a fraud but a visionary who created a brilliant system and was made a scapegoat for larger forces at play. I hope he’s fully exonerated and makes a strong comeback. He deserves justice. #LUNC #TERRACLASSIC #DoKwon $LUNC {spot}(LUNCUSDT) $LUNA {spot}(LUNAUSDT)
"I’ve always had faith in Do Kwon. He’s not a fraud but a visionary who created a brilliant system and was made a scapegoat for larger forces at play. I hope he’s fully exonerated and makes a strong comeback. He deserves justice. #LUNC #TERRACLASSIC #DoKwon
$LUNC

$LUNA
TerraHaberTR
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Zack Guzman, who announced that Trump's crypto guru David Sacks will join his team, is closely following the Do Kwon case.

He has been aware of the process since the first day of the LUNA/UST collapse. After today's hearing, he shared an important detail.

Following the one-month extension of the decision hearing; "The race for a pardon from Trump has been extended for another month," he said.

Will Do Kwon benefit from Trump's pardon? We don't know. However, we believe there are significant details beneath Zack Guzman's message.

#LUNC #USTC #DoKwon #TerraClassic
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👨‍⚖️Do Kwon Pleads Not Guilty to Terra Ecosystem Collapse During US Cryptocurrency Trial After a lengthy battle, Terraform Labs co-founder Do Kwon was granted extradition to the United States by Montenegrin authorities in late December. On January 2, Do Kwon appeared in court in the United States but pleaded not guilty to fraud charges related to the $40 billion collapse of the TerraUSD (UST) stablecoin. Do Kwon was questioned by U.S. District Judge Robert Lehrburger in Manhattan and agreed to remain in detention without bail. Currently, Do Kwon faces nine charges, including wire, securities, and commodities fraud, all related to his role in bringing down the company after the price of Terraform Labs tokens LUNA and UST plummeted. Back in March 2023, Do Kwon was arrested in Montenegro for attempting to travel using a fake passport. Since then, he has remained in Montenegro while U.S. and South Korean authorities have been fighting over who to charge him. Both countries have accused him of fraud, with South Korea seeking his extradition due to his citizenship. Do Kwon had tried to avoid extradition to the United States through legal means, as South Korea generally imposes lighter penalties for financial crimes. However, the Constitutional Court of Montenegro rejected his appeal on December 26, and a few days later, the Montenegrin Minister of Justice signed an extradition order. On December 31, Montenegrin police handed Do Kwon over to US authorities at Podgorica International Airport. Now, New York prosecutors accuse Do Kwon of misleading investors about the capabilities and adoption rate of the Terra blockchain, which directly led to the catastrophic collapse of the platform. Notably, the Manhattan U.S. Attorney's Office, which successfully prosecuted FTX co-founder Sam Bankman-Fried last year, is also handling Do Kwon's case. Do Kwon was previously found liable by a U.S. jury in a civil fraud case brought by the U.S. SEC and agreed to a $4.47 billion settlement, after which Terraform Labs had to file for bankruptcy. Do Kwon’s lawyer declined to comment after the hearing. Meanwhile, the next court session is scheduled for January 8, and this case could set the stage for a high-profile cryptocurrency trial in the Southern District of New York. As Do Kwon’s case continues to unfold in court, it is not only his personal battle, but also the focus of close attention from the entire cryptocurrency world. #Terra #DoKwon #欺诈
👨‍⚖️Do Kwon Pleads Not Guilty to Terra Ecosystem Collapse During US Cryptocurrency Trial

After a lengthy battle, Terraform Labs co-founder Do Kwon was granted extradition to the United States by Montenegrin authorities in late December. On January 2, Do Kwon appeared in court in the United States but pleaded not guilty to fraud charges related to the $40 billion collapse of the TerraUSD (UST) stablecoin.

Do Kwon was questioned by U.S. District Judge Robert Lehrburger in Manhattan and agreed to remain in detention without bail.

Currently, Do Kwon faces nine charges, including wire, securities, and commodities fraud, all related to his role in bringing down the company after the price of Terraform Labs tokens LUNA and UST plummeted.

Back in March 2023, Do Kwon was arrested in Montenegro for attempting to travel using a fake passport. Since then, he has remained in Montenegro while U.S. and South Korean authorities have been fighting over who to charge him. Both countries have accused him of fraud, with South Korea seeking his extradition due to his citizenship.

Do Kwon had tried to avoid extradition to the United States through legal means, as South Korea generally imposes lighter penalties for financial crimes. However, the Constitutional Court of Montenegro rejected his appeal on December 26, and a few days later, the Montenegrin Minister of Justice signed an extradition order. On December 31, Montenegrin police handed Do Kwon over to US authorities at Podgorica International Airport.

Now, New York prosecutors accuse Do Kwon of misleading investors about the capabilities and adoption rate of the Terra blockchain, which directly led to the catastrophic collapse of the platform.

Notably, the Manhattan U.S. Attorney's Office, which successfully prosecuted FTX co-founder Sam Bankman-Fried last year, is also handling Do Kwon's case.

Do Kwon was previously found liable by a U.S. jury in a civil fraud case brought by the U.S. SEC and agreed to a $4.47 billion settlement, after which Terraform Labs had to file for bankruptcy.

Do Kwon’s lawyer declined to comment after the hearing. Meanwhile, the next court session is scheduled for January 8, and this case could set the stage for a high-profile cryptocurrency trial in the Southern District of New York.

As Do Kwon’s case continues to unfold in court, it is not only his personal battle, but also the focus of close attention from the entire cryptocurrency world.

#Terra #DoKwon #揺诈
🚨 Do Kwon's Fate: A Turning Point for $LUNC? 🚨 🔹 Current Price: $0.00006366 (+1.04%) 🔥 Crypto amnesties are rolling in, and all eyes are on Do Kwon's trial. With no definitive sentence yet, the outcome could set a major precedent for Terraform Labs ($LUNA, $LUNC, $USTC). 💭 Market Speculation: Many believe Do Kwon could be released after serving time, especially if he faces compensation obligations. However, the key question remains—Can prosecutors prove undeniable fraud? ⚖️ Legal Uncertainty & Market Impact: ✅ If amnesty is granted, $LUNC and $USTC could react positively with renewed investor confidence. ❌ If new evidence emerges, the case could take an unexpected turn, impacting market sentiment. 📊 What’s Next for Traders? With legal developments unfolding, crypto traders should stay alert—this trial could fuel a new bullish narrative for Terra-related tokens! 🚀 #DoKwon #LUNC #USTC #LUNA #Terraform #Cryptolaw #CryptoNews #Blockchain
🚨 Do Kwon's Fate: A Turning Point for $LUNC? 🚨

🔹 Current Price: $0.00006366 (+1.04%)
🔥 Crypto amnesties are rolling in, and all eyes are on Do Kwon's trial. With no definitive sentence yet, the outcome could set a major precedent for Terraform Labs ($LUNA, $LUNC, $USTC).

💭 Market Speculation:
Many believe Do Kwon could be released after serving time, especially if he faces compensation obligations. However, the key question remains—Can prosecutors prove undeniable fraud?

⚖️ Legal Uncertainty & Market Impact:
✅ If amnesty is granted, $LUNC and $USTC could react positively with renewed investor confidence.
❌ If new evidence emerges, the case could take an unexpected turn, impacting market sentiment.

📊 What’s Next for Traders?
With legal developments unfolding, crypto traders should stay alert—this trial could fuel a new bullish narrative for Terra-related tokens! 🚀

#DoKwon #LUNC #USTC #LUNA #Terraform #Cryptolaw #CryptoNews #Blockchain
Dokwon will appear before the judge today it will be an important day for $LUNC and $USDC . there was a change of prosecutor in do kwon's case we are curious about the new prosecutors the new prosecutor's approach to the process . let's say that this hearing is not a verdict hearing . but a conference hearing .it may be a day when i learn impotant details about the #LUNA✅ #UST #SEC #DoKwon
Dokwon will appear before the judge today it will be an important day for $LUNC and $USDC . there
was a change of prosecutor in do kwon's case we are curious about the new prosecutors
the new prosecutor's approach to the process .

let's say that this hearing is not a verdict hearing
. but a conference hearing .it may be a day when
i learn impotant details about the #LUNA✅ #UST
#SEC #DoKwon
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Bullish
In 2025, #LUNC will be the first coin in crypto history to recover its original position in the shortest time after the worst crash. $LUNA $LUNC $USTC #DOKWON
In 2025, #LUNC will be the first coin in crypto history to recover its original position in the shortest time after the worst crash. $LUNA $LUNC $USTC #DOKWON
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#CPIWatch The rejection of the GENIUS and CLARITY bills by the U.S. House of Representatives for procedural reasons will also impact Do Kwon's hearings. The two bills were the main reason for the two-week delay requested by Do Kwon's lawyers. These bills will be approved, but the process has been postponed. The GENIUS and CLARITY Bills are very important for Trump. Trump tweeted asking for their approval. These two bills will be reintroduced to the U.S. House of Representatives as soon as possible. #GENIUSActPas #DoKwon #TerraUSD #LUNC
#CPIWatch
The rejection of the GENIUS and CLARITY bills by the U.S. House of Representatives for procedural reasons will also impact Do Kwon's hearings.

The two bills were the main reason for the two-week delay requested by Do Kwon's lawyers. These bills will be approved, but the process has been postponed.

The GENIUS and CLARITY Bills are very important for Trump. Trump tweeted asking for their approval. These two bills will be reintroduced to the U.S. House of Representatives as soon as possible.

#GENIUSActPas #DoKwon #TerraUSD #LUNC
South Korea is preparing to allow stablecoins. South Korea may also issue its own digital currency. Terra (now Terra Classic) built by Do Kwon will be the best option. Are you ready for a big boost in $LUNC and $USTC? Do Kwon’s value will be clear soon… Put on your bull hats. 😉 #LUNC #USTC #Bullish #dokwon
South Korea is preparing to allow stablecoins. South Korea may also issue its own digital currency. Terra (now Terra Classic) built by Do Kwon will be the best option. Are you ready for a big boost in $LUNC and $USTC? Do Kwon’s value will be clear soon… Put on your bull hats.
😉

#LUNC #USTC #Bullish #dokwon
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Trump signing the SilkRoad founder amnesty decision and the possibility of issuing a general amnesty for crypto fines brought Do Kwon to mind... Some betting sites have opened bets for many crypto fined people. Among these people is FTX CEO SBF. However, Do Kwon's name is not on this list. Journalist Zack Guzman, who conducted the only interview with Do Kwon after the LUNA collapse, also drew attention to this issue and said that he was surprised that Do Kwon was not on this list. We should not pay much attention to the names mentioned by betting sites. Do Kwon has not been sentenced yet. For this reason, we find it strange that an amnesty is being discussed, but the precedents will also directly affect the Do Kwon case. #LUNC , #USTC and#LUNAinvestors are closely following the process. We think that Do Kwon's lawyers will also show these decisions as precedents... Maybe they wanted to extend the case for this reason. Time will tell everything. #Terra #TerraClassic #DoKwon $LUNC {spot}(LUNCUSDT)
Trump signing the SilkRoad founder amnesty decision and the possibility of issuing a general amnesty for crypto fines brought Do Kwon to mind...
Some betting sites have opened bets for many crypto fined people. Among these people is FTX CEO SBF. However, Do Kwon's name is not on this list.
Journalist Zack Guzman, who conducted the only interview with Do Kwon after the LUNA collapse, also drew attention to this issue and said that he was surprised that Do Kwon was not on this list.
We should not pay much attention to the names mentioned by betting sites. Do Kwon has not been sentenced yet. For this reason, we find it strange that an amnesty is being discussed, but the precedents will also directly affect the Do Kwon case.
#LUNC , #USTC and#LUNAinvestors are closely following the process. We think that Do Kwon's lawyers will also show these decisions as precedents...
Maybe they wanted to extend the case for this reason. Time will tell everything.
#Terra #TerraClassic #DoKwon $LUNC
Do Kwon Pleads Not Guilty to US Charges Over Terra LUNA, UST Crash:* Freshly extradited from Montenegro, Terraform Labs co-founder Do Kwon pleaded not guilty to U.S. criminal charges over Terra's collapse. Alleged crypto crook Do Kwon pleaded pleaded not guilty in a New York court Thursday to U.S. criminal charges over the 2022 collapse of the Terra crypto ecosystem, following his extradition earlier this week from Montenegro. Feds hit the 33-year-old disgraced tech entrepreneur with nine criminal counts, including securities fraud, wire fraud, commodities fraud, and conspiracy to commit money laundering. He agreed Thursday to be held without bail before U.S. Magistrate Judge Robert Lehrburger, Inner City Press reported. Kwon founded Terra, a once-sizable crypto ecosystem with apps built around the LUNA token and the TerraUSD (UST) algorithmic stablecoin. The project was popular with investors, and rapidly grew to become the second-biggest blockchain in the sphere after Ethereum by early 2022. [Do Kwon is flipping through the superseding indictment - then tutns to his second lawyer] Judge: How do you plead? Not guilty [through counsel Chesley who adds, We consent to detention without prejudice Its native cryptocurrency, LUNA, was in its prime as one of the top digital assets by market cap. Kwon made a lot of money, very quickly, and even mocked "poor" people on X (formerly known as Twitter). But Terra collapsed in May 2022, taking $40 billion of investors' money with it. The crash led to a brutal bear market, as many crypto projects with exposure to the project later declared bankruptcy. The project's main product, the UST stablecoin, couldn't keep its stable peg to the dollar, resulting in the entire ecosystem collapsing and losing nearly all of its value in a matter of days. Authorities in both the U.S. and South Korea now allege that the entrepreneur was a scammer who conned investors into buying his cryptocurrency. Behind the scenes, core Terraform products did not work as Kwon advertised, and were manipulated to create the illusion of a functioning and decentralized financial system in order to lure investors," Thursday's indictment reads. Kwon was arrested in Montenegro last year for allegedly attempting to travel on a fake passport. His lawyers kept him in the country until Tuesday, when he was finally extradited to the United States. Follow For Free Signals 🤞 😊 💵 ... 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 $LUNA $LUNC $BTC #DoKwon #Binance250Million #BinanceAlphaAlert #BTCRebounds95K #USStateBuysBTC

Do Kwon Pleads Not Guilty to US Charges Over Terra LUNA, UST Crash:

* Freshly extradited from Montenegro, Terraform Labs co-founder Do Kwon pleaded not guilty to U.S. criminal charges over Terra's collapse.
Alleged crypto crook Do Kwon pleaded pleaded not guilty in a New York court Thursday to U.S. criminal charges over the 2022 collapse of the Terra crypto ecosystem, following his extradition earlier this week from Montenegro.
Feds hit the 33-year-old disgraced tech entrepreneur with nine criminal counts, including securities fraud, wire fraud, commodities fraud, and conspiracy to commit money laundering. He agreed Thursday to be held without bail before U.S. Magistrate Judge Robert Lehrburger, Inner City Press reported.
Kwon founded Terra, a once-sizable crypto ecosystem with apps built around the LUNA token and the TerraUSD (UST) algorithmic stablecoin. The project was popular with investors, and rapidly grew to become the second-biggest blockchain in the sphere after Ethereum by early 2022.
[Do Kwon is flipping through the superseding indictment - then tutns to his second lawyer]
Judge: How do you plead?
Not guilty [through counsel Chesley who adds, We consent to detention without prejudice
Its native cryptocurrency, LUNA, was in its prime as one of the top digital assets by market cap. Kwon made a lot of money, very quickly, and even mocked "poor" people on X (formerly known as Twitter).
But Terra collapsed in May 2022, taking $40 billion of investors' money with it. The crash led to a brutal bear market, as many crypto projects with exposure to the project later declared bankruptcy.
The project's main product, the UST stablecoin, couldn't keep its stable peg to the dollar, resulting in the entire ecosystem collapsing and losing nearly all of its value in a matter of days.
Authorities in both the U.S. and South Korea now allege that the entrepreneur was a scammer who conned investors into buying his cryptocurrency.
Behind the scenes, core Terraform products did not work as Kwon advertised, and were manipulated to create the illusion of a functioning and decentralized financial system in order to lure investors," Thursday's indictment reads.
Kwon was arrested in Montenegro last year for allegedly attempting to travel on a fake passport. His lawyers kept him in the country until Tuesday, when he was finally extradited to the United States.
Follow For Free Signals 🤞 😊 💵 ...
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
$LUNA $LUNC $BTC #DoKwon #Binance250Million #BinanceAlphaAlert #BTCRebounds95K #USStateBuysBTC
Do Kwon Released from Montenegro Prison as Extradition Verdict Still PendingDo Kwon, co-founder of Terraform Labs, has been released from prison in Montenegro while the extradition proceedings regarding his request to be extradited to the USA and South Korea are still ongoing, according to a report by Bloomberg citing officials from the prison system. Doubts Surrounding Kwon's Extradition Decision: His recent decision to be extradited to South Korea has been challenged by the top prosecutor of Montenegro. Recently, it has come to light that the highest prosecutor's office in Montenegro has transferred this case for review to the Supreme Court, citing irregularities. Arrest of Do Kwon and the Collapse of the Terra Project: Do Kwon was arrested in Montenegro in March 2023 when he was caught with a fake Costa Rican passport while attempting to travel to Dubai in the United Arab Emirates. Kwon was the architect of the failed crypto project TerraUSD stablecoin, which experienced a collapse along with LUNA, another token from the Terra project. Extradition Decision and Investigation: Both the USA and South Korea have requested Kwon's extradition, but the Minister of Justice of Montenegro favors extradition to South Korea. This decision has been contested by the top prosecutor of Montenegro. South Korean authorities are now actively seeking to prosecute Do Kwon for his alleged frauds and tax evasion. Do Kwon has denied the accusations, claiming that the $40 billion collapse of the Terra ecosystem was a result of market forces and does not indicate any criminal activity. #dokwon #terraformLabs Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Do Kwon Released from Montenegro Prison as Extradition Verdict Still Pending

Do Kwon, co-founder of Terraform Labs, has been released from prison in Montenegro while the extradition proceedings regarding his request to be extradited to the USA and South Korea are still ongoing, according to a report by Bloomberg citing officials from the prison system.
Doubts Surrounding Kwon's Extradition Decision:
His recent decision to be extradited to South Korea has been challenged by the top prosecutor of Montenegro. Recently, it has come to light that the highest prosecutor's office in Montenegro has transferred this case for review to the Supreme Court, citing irregularities.
Arrest of Do Kwon and the Collapse of the Terra Project:
Do Kwon was arrested in Montenegro in March 2023 when he was caught with a fake Costa Rican passport while attempting to travel to Dubai in the United Arab Emirates. Kwon was the architect of the failed crypto project TerraUSD stablecoin, which experienced a collapse along with LUNA, another token from the Terra project.
Extradition Decision and Investigation:
Both the USA and South Korea have requested Kwon's extradition, but the Minister of Justice of Montenegro favors extradition to South Korea. This decision has been contested by the top prosecutor of Montenegro. South Korean authorities are now actively seeking to prosecute Do Kwon for his alleged frauds and tax evasion.
Do Kwon has denied the accusations, claiming that the $40 billion collapse of the Terra ecosystem was a result of market forces and does not indicate any criminal activity.
#dokwon #terraformLabs

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
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