SEOUL, May 25 (Korea Bizwire) — Police said Wednesday they have wrapped up an investigation into a crypto investor accused of trespassing at the apartment of Do Kwon, co-founder and CEO of Terraform Labs, and sent the case to the prosecution suggesting he be indicted. The suspect, whose identity has been withheld, allegedly entered the [...]
SEOUL, May 20 (Korea Bizwire) — Prosecutors are looking into whether to bring Ponzi fraud charges against CEO Do Kwon of Terraform Labs, sources said Friday, a day after investors sued him over the shocking crash of the firm’s two cryptocurrencies. In a crash starting last week, Terraform’s two main tokens, TerraUSD and sister coin [...]
SEOUL, May 19 (Korea Bizwire) — A group of South Koreans who invested in two main tokens of Terraform Labs have sued Do Kwon, the embattled cryptocurrency firm’s co-founder and CEO, and co-founder Daniel Shin, a law firm representing the investors said Thursday. LKB & Partners said the complaints have been filed with the Seoul [...]
SEOUL, May 16 (Korea Bizwire) — A crypto investor accused of trespassing at the apartment of Do Kwon, co-founder and CEO of Terraform Labs, underwent a police investigation in Seoul on Monday. The suspect, whose identity has been withheld, allegedly entered the apartment complex in eastern Seoul last week and then rang the doorbell, looking [...]