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Do Kwon Denied Claim to S$19.4M Penthouse Payment

2025-09-06 03:00:00 17 hours ago CoinRank

CONTENT

According to Singaporean media, Terraform Labs co-founder Do Kwon's claim to recover a nearly S$19.4 million payment for a luxury penthouse, made five months before his crypto projects collapsed, has been rejected by the Singapore High Court. The property developer had previously forfeited the funds.

Additionally, Do Kwon and the Luna Foundation Guard face a separate class-action lawsuit from 366 investors at the Singapore International Commercial Court, seeking $66 million to $90 million in damages.

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