Market
What will be the outcome of Do Kwon's US trial by end of 2025?
3
Resolution / Starting Odds
Convicted • 25%
Acquitted • 25%
Mistrial • 25%
Plea Agreement • 25%
Official court records and announcements from the U.S. Department of Justice
Story
Montenegro Extradites Do Kwon to US for Fraud Charges in $40 Billion Terraform Labs Collapse, South Korea Also Seeks Extradition
Dec 31, 2024, 12:38 PM
Montenegro has extradited South Korean cryptocurrency entrepreneur Do Kwon to the United States, where he faces fraud charges related to the collapse of Terraform Labs, which led to a $40 billion loss for investors. Kwon, who is also wanted by South Korea, was handed over to U.S. law enforcement and FBI agents. The extradition follows a legal battle that lasted over 18 months, with Montenegro's justice ministry approving the extradition in December. Kwon's firm, Terraform Labs, was responsible for the cryptocurrencies TerraUSD and Luna, which collapsed in May 2022, triggering a significant sell-off in the crypto market.
View original story
Similar markets
Convicted • 25%
Acquitted • 25%
Mistrial • 25%
Settlement • 25%
Plea Deal • 25%
Case Dismissed • 25%
Acquittal • 25%
Conviction • 25%
Convicted • 25%
Charges Dropped • 25%
Acquitted • 25%
Mistrial declared • 25%
Convicted on some charges • 25%
Convicted on all charges • 25%
Acquitted on all charges • 25%
Plea Deal • 25%
Acquitted • 25%
Convicted • 25%
Case Dismissed • 25%
Plea deal • 25%
Convicted • 25%
Case dismissed • 25%
Acquitted • 25%
Plea deal • 25%
Case ongoing • 25%
Acquitted • 25%
Convicted • 25%
Plea deal reached • 25%
Bail denied • 25%
Bail granted • 25%
Trial date set • 25%
No prison time • 25%
Less than 5 years • 25%
5 to 10 years • 25%
More than 10 years • 25%
Not guilty on all charges • 25%
Mistrial declared • 25%
Guilty on all charges • 25%
Guilty on some charges • 25%
Settlement reached • 25%
In favor of prosecution • 25%
In favor of defense • 25%
Case postponed • 25%