Terraform Labs Co-Founder Do Kwon Arrested in Montenegro for Crypto Fraud
TL;DR Summary
Do Kwon, the founder of TerraUSD and Luna cryptocurrencies, has been arrested in Montenegro on charges of document forgery. Kwon had been sought by South Korean authorities since September 2020. Kwon's arrest comes as the cryptocurrency market remains battered, with regulatory pressure mounting on firms and crypto boosters. Investors have accused Kwon of defrauding them in promoting the coins.
- Terraform Labs co-founder Do Kwon arrested in Montenegro The Washington Post
- Montenegro officials announce Do Kwon arrest and Coinbase's potential SEC charges: CNBC Crypto World CNBC Television
- Do Kwon Arrested in Montenegro: Interior Minister CoinDesk
- U.S. Charges Crypto Fugitive Do Kwon With Fraud as Suspect Held in Montenegro The Wall Street Journal
- Do Kwon Arrested in Montenegro, Says Country’s Minister of Interior Decrypt
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