Do Kwon is a cofounder and former CEO of Terraform Labs, which was building Terra, a digital currency made for Web3.
2019
Kwon started facing legal issues in May 2022, after the collapse of the cryptocurrency that was developed by his company Terraform Labs, TerraUSD. In September 2022, an arrest warrant was issued for him in South Korea, and he was added to Interpol's Red List, which calls for law enforcement to locate and possibly detain him.
October 25, 2021
Do Kwon is a co-foundercofounder and former CEO of Terraform Labs, which was building Terra, a digital currency made for Web3.
Do Kwon was on born September 6, 1991, in Seoul, South Korea. He studied computer science at Stanford University and received his bachelorsbachelor's degree in 2015.
In 2018, Kwon, along with Daniel Shin, founded Terraform Labs, a now-dissolved blockchain technology company that aimed to create a decentralized price-stable cryptocurrency. Terraform Labs developed the Terra Proof-of-Stakeproof-of-stake (PoS), which was a public blockchain built on the Cosmos SDK.
The company also minted the noninflationary stable coin LUNA, which was used as a native asset on the Terra Blockchain. Terraform was overseeing the development of the e-commerce platform CHAI, which utilized Terra stablecoin. The company was dissolved in May 2022, just days before its associated token crashed.
Kwon started facing legal issues in May 2022 after the collapse of the cryptocurrency that was developed by his company Terraform Labs, TerraUSD. In September 2022, there was an arrest warrant was issued for him in South Korea and Kwonhe was also added to Interpol's Red List, which calls for law enforcement to locate and possibly detain him.
Investors also filed lawsuits against him, including a class action lawsuit that was filed in Singapore. This lawsuit was filed by 359 investors of Terraform Labs, who were led to believe that Terraform's tokens were stable when they were indeed not.
In March 2023, Kwon was arrested in Montenegro while trying to use forged documents to board an international flight. On the same day, US prosecutors announced eight charges against Kwon, including securities fraud, wire fraud, commodities fraud, and conspiracy.
October 25, 2021
June 2015
In 2018, Kwon, along with Daniel Shin, founded Terraform Labs, a now-dissolved blockchain technology company that aimsaimed to create a decentralized price-stable cryptocurrency. Terraform Labs developed the Terra Proof-of-Stake (PoS), which was a public blockchain built on the Cosmos SDK.
2019
Do Kwon wasis a co-founder and former CEO of Terraform Labs, which was building Terra, a digital currency made for Web3.
In 2019, Do Kwon was featured in Forbes "30 under 30".
2019
Do Kwon iswas co-founder and CEO of Terraform Labs, which iswas building Terra, a digital currency made for Web3.
Do Kwon was on born September 6, 1991 in Seoul, South Korea. He studied computer science at Stanford University and received his bachelors degree in 2015.
Do Kwon is co-founder and CEO of Terraform Labs and founder of Anify.
After graduating from Stanford, Kwon worked with Apple and Microsoft briefly as an engineer.In 2016, Kwon founded the telecommunication company Anyfi, which is a peer-to-peer communications solution using mesh network technology. He was the CEO of the company until 2017.
In 2018, Do Kwon, along with Daniel Shin, founded Terraform Labs, a now-dissolved blockchain technology company that aims to create a decentralized price-stable cryptocurrency. Terraform Labs developed the Terra Proof-of-Stake (PoS), which iswas a public blockchain built on the Cosmos SDK. The company also mints the noninflationary stable coin LUNA, which is used as a native asset on the Terra Blockchain. Terraform was overseeing the development of the e-commerce platform CHAI, which utilized Terra stablecoin. TFL, led by Do Kwon, has continued developing new blockchain technologies, protocols, products and platforms such as Anchor, Prism, Astroport, and Mirror.
In 2016, Kwon founded the telecommunication company Anyfi, which is a peer-to-peer communications solution using mesh network technology. He was the CEO of the company until 2017.
The company also minted the noninflationary stable coin LUNA, which was used as a native asset on the Terra Blockchain. Terraform was overseeing the development of the e-commerce platform CHAI, which utilized Terra stablecoin. The company was dissolved in May 2022 just days before its associated token crashed.
Do Kwon was born September 6, 1991. He studied computer science at Stanford University and received his bachelors Degree in 2015. Prior to founding Anify, Kwon worked with Apple and Microsoft briefly as an engineer. In 2019, Do Kwon was featured in Forbes "30 under 30".
In 2019, Do Kwon was featured in Forbes "30 under 30".
Kwon started facing legal issues in May 2022 after the collapse of the cryptocurrency that was developed by his company Terraform Labs, TerraUSD. In September 2022, there was an arrest warrant issued for him in South Korea and Kwon was also added to Interpol's Red List, which calls for law enforcement to locate and possibly detain him.
Investors also filed lawsuits against him, including a class action lawsuit that was filed in Singapore. This lawsuit was filed by 359 investors of Terraform Labs who were led to believe that Terraform's tokens were stable when they were indeed not.
In March 2023, Kwon was arrested in Montenegro while trying to use forged documents to board an international flight. On the same day, US prosecutors announced eight charges against Kwon, including securities fraud, wire fraud, commodities fraud and conspiracy.
March 2023