Do Kwon's alleged schemes could have impacted more than 1 million victims worldwide, according to US prosecutors. US authorities extradited Kwon, the disgraced co-founder of the Terra (LUNA) ecosystem, late last month. Kwon faces fraud charges related to the multibillion-dollar downfall of Terra in 2022.

New court documents reveal that authorities plan to search through disgraced Terra (LUNA) founder Do Kwon's personal emails, social media accounts, financial records, and more. According to a new court memo, investigators say they will sift through massive amounts of Kwon's personal data to gather evidence against him.

Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27.

In a latest development, The trial for Do Kwon is set for 2026 as lawyers navigate a massive trove of evidence. Do Kwon's criminal fraud trial in the U.S. is tentatively set for next January, giving both prosecutors and his defense team enough time to review the large six-terabyte data expected during the discovery process.

As part of discovery proceedings, prosecutors said they would search the Terraform Labs co-founder's emails and Twitter account.

Court documents allege that Do Kwon's crypto ecosystem Terra may have affected over a million victims when UST and LUNA collapsed in 2022.

Do Kwon faces U.S. criminal charges as prosecutors allege his Terra ecosystem misled investors, causing over $40 billion in losses.

Do Kwon, the former CEO of Terraform Labs, is currently under intensive investigation by US officials who allege that he committed fraud that affected over a million people worldwide. During Kwon's trial in a New York court, prosecutors provided a detailed account of the far-reaching consequences of his alleged financial misconduct.

U.S. prosecutors estimate that Do Kwon, co-founder of Terraform Labs, may have defrauded over one million victims globally, prompting the government to seek a public notice procedure to inform them of their rights under the Justice for All Act. The post U.S. Government Seeks Public Notice Procedure for Over 1M Victims in Do Kwon Fraud Case appeared first on Cryptonews.

Former Terraform Labs CEO Do Kwon faces up to 130 years in prison after being extradited to the US, where he pleaded not guilty to fraud charges related to the $40 billion Terra cryptocurrency collapse.

The fallout from the collapse of Terraform Labs continues to unfold, with prosecutors estimating that its co-founder may have defrauded over one million people worldwide. This staggering number stems from the implosion of the Terra ecosystem in 2022, which sent shockwaves through the crypto market and triggered a cascade of bankruptcies among major firms.

US prosecutors estimate over one million victims worldwide were impacted by the collapse of Terraform Labs' ecosystem, as Do Kwon faces criminal charges for fraud and misconduct.

Kwon, recently extradited to the US from Montenegro, pleaded not guilty to his criminal charges in a New York court last week.

U.S. prosecutors estimate that Do Kwon, co-founder of Terraform Labs, could potentially have one million victims all around the globe following the downfall of the Terra ecosystem.

The Terraform Labs co-founder is in US custody after pleading not guilty to nine felony charges related to fraud at the platform.

Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea's petition.

According to Reuters, Do Kwon appeared before Magistrate Judge Robert W. Lehrburger in the Southern District of New York.

The Government estimates that the number of victims of Kwon's actions exceeds hundreds of thousands and potentially totals more than one million.

Several events feature among the top crypto news this week, with this article giving traders and investors a chance to get ahead of the respective ecosystem developments.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry as SPX6900 crossed a $1.1 billion capitalization earlier Friday to set a new record. Plus, BlackRock's IBIT bled over $332 million and Do Kwon pleaded not guilty to charges of fraud.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Terraform Labs co-founder Do Kwon has pleaded not guilty to multiple criminal charges in a Manhattan court after being extradited to the U.S.

Do Kwon, co-founder of Terraform Labs, has been extradited to the U.S. and faces multiple federal fraud charges, potentially resulting in up to 130 years in prison for orchestrating a scheme that caused over $40 billion in investor losses. The post Do Kwon Indicted on Multiple Charges, Could Face Up to 130 Years in Prison appeared first on Cryptonews.

Terraform Labs co-founder Do Kwon pleaded not guilty in his first US court hearing on charges including securities fraud and money laundering.

Do Kwon, the co-founder of Terraform Labs, has pleaded not guilty to all charges brought against him for his role in the $40 billion TerraUSD stablecoin collapse.

TL;DR Do Kwon has pleaded not guilty to nine U.S. fraud charges related to the collapse of TerraUSD and Luna, which wiped out nearly $40 billion in market value. The charges include securities fraud, wire fraud, commodities fraud, and money-laundering conspiracy, with allegations of misleading investors and artificially inflating TerraUSD's price.

Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated $40 billion

Do Kwon, the South Korean entrepreneur behind the failed cryptocurrencies TerraUSD and Luna, is set to appear in a Manhattan federal court on Thursday, facing serious criminal fraud charges.

Former cryptocurrency executive Do Kwon pleaded not guilty to nine felony charges, including a newly added money laundering count, in his first US court appearance following extradition from Montenegro.

Kwon now faces nine charges, including commodities fraud and money laundering conspiracy, instead of the eight counts he was previously charged with.

Do Kwon, co-founder of Terraform Labs, appeared before a U.S. judge on January 2, 2025, where he pleaded not guilty to charges of fraud and money laundering. This hearing marks a key milestone in a case that has shaken the crypto world since the collapse of the Terra ecosystem.

TerraForm Labs former CEO Do Kwon has pleaded not guilty for the US fraud charges. The co-founder was convicted of several charges including but not limited to money laundering and fraud.

Do Kwon, co-founder of Terraform Labs, appeared in a U.S. court on January 2, pleading not guilty to fraud charges tied to the $40 billion collapse of the TerraUSD (UST) stablecoin.

Do Kwon, co-founder of the failed cryptocurrency firm Terraform Labs, appeared in a Manhattan court after being extradited from Montenegro to face criminal charges. A new indictment adds a money laundering count to earlier charges, including securities and wire fraud, related to Terraform's $40bn collapse in 2022.

Do Kwon, co-founder of Terraform Labs, appeared in a U.S. court on Jan. 2, 2025, where he pleaded not guilty to charges stemming from the collapse of the Terra ecosystem.

He faces nine charges, including wire, securities, and commodities fraud. He is being prosecuted by the Manhattan US attorney's office, the same team that brought Sam Bankman-Fried to trial.

Terraform Labs founder Do Kwon pleaded not guilty to nine U.S. fraud charges related to the collapse of TerraUSD and Luna.

The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy.

Terraform Labs co-founder Do Kwon appeared in court on Jan. 2 in the US and pleaded not guilty to fraud charges linked to the $40 billion implosion of the TerraUSD (UST) stablecoin, Bloomberg News reported. Kwon appeared before US Magistrate Judge Robert Lehrburger in Manhattan and agreed to remain in custody without bail.

Terraform Labs co-founder Do Kwon pleaded not guilty in a New York court shortly after being extradited to the U.S. from Montenegro.

Terraform Labs co-founder Do Kwon has pleaded not guilty to U.S. fraud charges after being extradited from Montenegro. Prosecutors allege he misled investors about TerraUSD's stability, leading to its collapse and losses across the crypto market. The post Do Kwon Pleads Not Guilty to U.S. Fraud Charges After Extradition from Montenegro appeared first on Cryptonews.

Do Kwon made his first appearance in a US court today, facing federal fraud charges. Kwon entered a plea of “not guilty,” local reporters have claimed.

Do Kwon, the South Korean cryptocurrency entrepreneur and co-founder of Terraform Labs, pleaded not guilty on Thursday to a series of criminal fraud charges in a Manhattan federal court. This comes just days after his extradition from Montenegro, where he had been detained for over a year.

Freshly extradited from Montenegro, Terraform Labs co-founder Do Kwon pleaded not guilty to U.S. criminal charges over Terra's collapse.

The disgraced co-founder of the Terra (LUNA) ecosystem is set to appear in a US court today after recently being extradited from Montenegro.

Hyung Do Kwon walked into a Manhattan courtroom on Thursday, calm and collected, as if the $40 billion collapse of Terraform Labs wasn't sitting on his shoulders. His plea? “Not guilty.

Do Hyeong Kwon, the South Korean cryptocurrency figure once hailed as the “crypto king,” appeared in a Manhattan federal court on Thursday, pleading not guilty to a newly unsealed indictment.