CryptoFraud

Do Kwon’s U.S. Court Appearance Marks a Significant Turn in Crypto Fraud Case

5 months ago

Do Kwon, the controversial figure behind the Terra cryptocurrency collapse, made his initial court appearance in the United States on January 2, 2025, as he faces serious charges related to fraud in the ever-evolving world of cryptocurrency. The case has attracted significant media attention due to Kwon's role in the collapse of Terra, which led to billions of dollars in losses for investors globally.

Do Kwon, Crypto Mogul, Set for Extradition to the U.S. from Montenegro

5 months ago

In a significant development within the cryptocurrency sphere, Do Kwon, the co-founder of the collapsed Terraform Labs, is poised to be extradited to the United States following his recent arrest in Montenegro. The Montenegro government has confirmed that the legal processes are underway to facilitate his transfer, which had been anticipated by U.S. authorities since Kwon was charged with orchestrating a multi-billion dollar fraud scheme.

Alex Mashinsky, Former Celsius CEO, Set to Plead Guilty in Major Fraud Case

6 months ago

In a significant development in the cryptocurrency sector, Alex Mashinsky, the ex-CEO of the Celsius Network, is expected to plead guilty to charges of fraud in a federal court in the United States. The charges stem from allegations that he misled investors about the viability of his company, which once managed about $25 billion in assets before declaring bankruptcy in July 2022.