charges
South Korea and US on Mission to Extradite Do Kwon for Criminal Charges
It’s unclear what Kwon’s intentions were when he left Dubai, but it is clear that he was not happy with the unstable state of the TerraUSD coin. The arrest is…
Cryptocurrency CEO Sam Bankman-Fried Facing Legal Action Over Alleged Illegal Political Donations
The fraud charges against SBF increased significantly, as the former FTX co-founder and CEO is now facing four additional counts of fraud. This brings his total to twelve charges, which…
Charges of Fraud: SEC Takes Action Against Terraform Labs & Do Kwon
_The US Securities and Exchange Commission has charged the collapsed blockchain firm and stablecoin operator Terraform Labs and its founder Do Kwon with defrauding U.S. investors who purchased the digital…
DOJ Charges Bitzlato Co-Founder for Allegedly Processing $700M in Unlawful Transactions
The Department of Justice alleges that Legkodymov processed over $700 million in illicit funds through his crypto exchange, Bitzlato. The DOJ has seized the exchange’s assets and placed Legkodymov under…