Do Kwon
The now-bankrupt company agreed to pay a multibillion sum to the SEC pending court approval
The decision came a few hours after both the defense and the lawyers representing the SEC gave their closing arguments
Do Kwon may be extradited to South Korea, and US authorities are reportedly unhappy about it
The SEC’s civil trial against Kwon is scheduled to kick off in New York on March 25, with or without the defendant
Do Kwon may miss the start of the March 25 trial in the SEC’s case against the former executive and Terraform Labs
In December, after his extradition to the US was ordered and approved, Kwon appealed the decision in Montenegro court and initially won before the court reversed the decision
Last week, WSJ reported that Montenegro planned to extradite Kwon to the US rather than South Korea
Montenegro plans to extradite Do Kwon to the US over South Korea, the Wall Street Journal reports
Jump Crypto is the trading firm at the center of Terra-related market manipulation allegations
Both the SEC and the defendants have pushed for summary judgments — albeit for different reasons
In a deposition part of the SEC’s civil suit against Terraform Labs, Jump Crypto president Kanav Kariya avoids answering questions about an alleged back-door deal
Terraform lawyers also asked the court overseeing the FTX case if they can issue subpoenas to gather wallet information in its case against the SEC
Could Do Kwon return to Terra? The new interim CEO seems more than open to it, no matter when that might be
A class action lawsuit alleges Jump Trading was heavily involved in maintaining the dollar peg of failed algorithmic stablecoin Terra
Terra depegged from the US dollar this time last year — these charts show exactly how much it wrecked crypto markets
South Korean authorities are moving to cut off Do Kwon’s access to cryptocurrencies purportedly held by Binance on his behalf
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