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Published 1 year ago

US authorities charge South Korean crypto developer Do Kwon with fraud

Summary by Ground News
Do Kwon, the founder of Terraform Labs, was arrested in Montenegro Thursday morning. He is wanted in South Korea and the U.S. on fraud charges. Kwon is facing eight criminal indictments, including securities fraud and conspiracy, for his alleged roles in what wiped out about $40 billion from the crypto market.

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