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Published 1 year ago

‘Crypto King’ arrested in Montenegro

Summary by Sky News Australia
Do Kwon, the co-founder and CEO of Terraform Labs, has been caught along with another man trying to leave Montenegro on a forged passport from Costa Rica and Belgium. In September, Interpol issued an international red notice for his arrest, but no one could catch him. Mr Kwon is behind the cryptocurrency Terra Luna and TerraUSD, which collapsed spectacularly last year and cost investors more than $40 billion US dollars.

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Sky News AustraliaSky News Australia

‘Crypto King’ arrested in Montenegro

Do Kwon, the co-founder and CEO of Terraform Labs, has been caught along with another man trying to leave Montenegro on a forged passport from Costa Rica and Belgium. In September, Interpol issued an international red notice for his arrest, but no one could catch him. Mr Kwon is behind the cryptocurrency Terra Luna and TerraUSD, which collapsed spectacularly last year and cost investors more than $40 billion US dollars.

1 year ago·Australia
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telex.hutelex.hu

The giant fallen South Korean crypto king king arrested in Montenegro

Terra Luna and Terra USD, which fell in May, caused a loss of $40 billion.

1 year ago
Read Full Article
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