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Terraform Labs Co-Founder Do Kwon Arrested in Montenegro for Crypto Fraud

1 min read
Source: The Washington Post
Terraform Labs Co-Founder Do Kwon Arrested in Montenegro for Crypto Fraud
Photo: The Washington Post
TL;DR

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.

Topics:businesscryptocurrency#cryptocurrency#cryptocurrency-market#do-kwon#luna#regulatory-pressure#terrausd
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  1. Terraform Labs co-founder Do Kwon arrested in Montenegro  The Washington Post
  2. Montenegro officials announce Do Kwon arrest and Coinbase's potential SEC charges: CNBC Crypto World  CNBC Television
  3. Do Kwon Arrested in Montenegro: Interior Minister  CoinDesk
  4. U.S. Charges Crypto Fugitive Do Kwon With Fraud as Suspect Held in Montenegro  The Wall Street Journal
  5. Do Kwon Arrested in Montenegro, Says Country’s Minister of Interior  Decrypt

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