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The Register
Judge said his fraud was on 'epic, generational scale' Terraform Labs founder Do Kwon will spend 15 years in jail after pleading guilty to committing fraud.…
The Register
Tells court 'What I did was wrong and I want to apologize for my conduct' Terraform Labs founder Do Kwon has pled guilty to committing fraud when promoting the so-called "stablecoin" Terra USD and now faces time in jail.…
The Register
Hey Google, are the jails nicer in South Korea or the US? Terraform Labs founder Do Kwon – a wanted man in both South Korea and the United States – will soon face extradition from Montenegro after a court gave approval for his removal.…
The Register
Whereabouts of wanted cryptobro unknown, but he's reliably on Twitter South Korea issued a publicly available notice on Wednesday to wanted man and Terraform Labs founder Do Kwon, demanding he return his passport.…
The Register
PLUS: DoJ bans data sale to enemy nations; Do Kwon extradited to US; Tenable CEO passes away; and more Welcome to 2025: hopefully you enjoyed a pleasant holiday season and returned to the security operations center without incident - unlike Volkswagen, which last week admitted it exposed data describing journeys made by some of its electric vehicles, plus info about the vehicle’s owners.… Infosec in Brief
The Register
Meanwhile South Korea's Do Kwon is sought for fraud by US authorities Norwegian authorities announced on Thursday that they had recovered $5.9 million of cryptocurrency stolen in the Axie Infinity hack – an incident widely held to have been perpetrated by the Lazarus Group, which has links to North Korea.…
Graham Cluley
NFT artist DeeKay Kwon had his Twitter account hacked at the end of last week by scammers who managed to steal NFTs valued at $150,000 from his followers. Read more in my article on the Hot for Security blog.