{ }
001122334455554433221100
001122334455554433221100

uber technologies faces price target cuts amid mixed analyst ratings

FDM Group shares decline as Deutsche Bank cuts price target to 275 GBp

FDM Group shares (LON: FDM) have seen a significant decline, dropping 24.59% in early 2025 and 47.88% over the past year. Deutsche Bank has cut its price target from 360 GBp to 275 GBp while maintaining a Hold rating, reflecting cautious optimism amid a challenging market. The stock, currently trading at 239.50p, has fallen over 80% since September 2021, as it seeks support in a fluctuating environment.

do kwon trial set for january 2026 following extradition to us

Do Kwon, co-founder of Terraform Labs, is set to stand trial in the US starting January 26, 2026, following his extradition from Montenegro. He faces eight criminal fraud charges linked to the 2022 collapse of the TerraUSD stablecoin and LUNA token, with a potential maximum sentence of 130 years in prison if convicted.

do kwon faces trial in 2026 for terra ecosystem collapse and fraud

The catastrophic collapse of Terraform Labs' ecosystem in May 2022 resulted in a staggering $40 billion loss, primarily due to the failure of its algorithmic stablecoin, TerraUSD (UST), and its sister token, LUNA. Do Kwon, co-founder of Terraform Labs, faces multiple criminal charges, including fraud, and has pleaded not guilty. His trial is set for January 26, 2026, amid ongoing legal battles and civil lawsuits, highlighting the vulnerabilities in the crypto market and the need for regulatory scrutiny.

do kwon fraud trial delayed to 2026 amid evidence review challenges

Do Kwon's fraud trial is set for January 2026, delayed due to the complex review of six terabytes of evidence, including encrypted devices from his extradition. Kwon, co-founder of Terraform Labs, faces multiple charges linked to the $40 billion TerraUSD collapse, impacting over a million victims globally. The case could establish a precedent for crypto fraud litigation, with the next status conference scheduled for March 6, 2025.

do kwon pleads not guilty as terra collapse impacts over one million victims

The collapse of the Terra crypto ecosystem in 2022 may have affected over 1 million victims, as alleged in recent court documents regarding founder Do Kwon's case. Kwon, who pleaded not guilty to multiple U.S. criminal charges including fraud, is accused of misleading investors about the functionality of Terra's products, leading to a $40 billion loss. Authorities claim that the UST stablecoin's failure to maintain its dollar peg triggered the ecosystem's rapid downfall.

do kwon pleads not guilty in fraud case affecting over one million victims

Do Kwon, co-founder of Terraform Labs, pleaded not guilty to U.S. fraud charges linked to the $40 billion collapse of TerraUSD, affecting over a million victims. Extradited from Montenegro, he faces nine felony charges and remains in detention as the case highlights the need for accountability in the cryptocurrency sector. Following a separate SEC civil case, Kwon and Terraform were ordered to pay $4.5 billion in penalties, further complicating the legal landscape for crypto leaders.

do kwon faces money laundering charge in superseding indictment after extradition

Do Kwon, co-founder of Terraform Labs, faces a new money laundering conspiracy charge following his extradition from Montenegro. The indictment alleges he facilitated transactions exceeding $10,000, aware they were proceeds of unlawful activity. Kwon pleaded not guilty to all charges during his court appearance on January 2, 2024, and remains in detention as the possibility of a plea deal or trial looms.

do kwon pleads not guilty in us court following extradition from montenegro

Terraform Labs co-founder Do Kwon pleaded not guilty to multiple charges, including securities fraud and money laundering, during his first US court appearance on January 2, 2025. Following his extradition from Montenegro, Kwon agreed to be held without bail, with a status conference scheduled for January 8, 2025. Montenegro's Justice Minister approved his extradition after considering various factors, emphasizing a zero-tolerance policy for fraud.

Montenegro approves extradition of Do Kwon to the United States

Montenegro's Justice Minister has signed an order to extradite Terraform Labs co-founder Do Kwon to the US, following a Supreme Court ruling that all legal conditions for extradition were met. This decision comes after months of competing requests from the US and South Korea, with the US request ultimately favored due to the severity of the alleged crimes and Kwon's citizenship. Kwon faces significant legal challenges in the US, including a lawsuit from the SEC alleging he misled investors, and has been charged with offenses related to the collapse of TerraUSD and Luna tokens, resulting in approximately $40 billion in losses.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.