Published 1 year ago

Police: Crypto firm founder Do Kwon arrested in Montenegro

Summary by Fox News

Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion crash of the firm’s cryptocurrency that devastated retail investors around the world, the European country’s interior minister said Thursday.

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BBC News

Do Kwon: Fugitive 'cryptocrash' boss arrested in Montenegro

Terraform Labs' Do Kwon has also been charged with fraud by US prosecutors.

1 year ago·United Kingdom

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News18 India

Crypto Founder Do Kwon Indicted in US Hours after Montenegro Arrest

Thursday’s indictment charges Kwon, a South Korean national who co-founded Terraform Labs and developed the TerraUSD and Luna currencies, with two counts each of securities fraud, wire fraud, commodities fraud and conspiracy.

1 year ago·India

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The Guardian

Man suspected of being crypto fugitive Do Kwon arrested in Montenegro

South Korean CEO of Terraform Labs is accused of multi-billion-dollar fraud involving TerraUSD and Luna currencies

1 year ago·London, United Kingdom

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CTV News

Crypto firm founder Do Kwon arrested in Montenegro

Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a US$40 billion crash of the firm's cryptocurrency that devastated retail investors around the world, the European country's interior minister said Thursday.

1 year ago·Canada

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Reuters

Crypto founder Do Kwon indicted in US following Montenegro arrest

Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, has been charged with fraud by U.S. prosecutors.

1 year ago·United Kingdom

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Associated Press News

Do Kwon, wanted in $40B crypto crash, arrested in Montenegro

Police in Montenegro say they have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea following the $40 billion crash of the firm’s cryptocurrency. South Korea’s Justice

1 year ago·United States

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