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TerraUSD Founder Do Kwon Indicted in US Following Montenegro Arrest

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Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,28,500 crore) or more last year, has been charged with fraud by US prosecutors. An eight-count indictment against Kwon was made public in the US District Court in Manhattan, several hours after news of his arrest earlier Thursday in Montenegro. … Read more

Terraform Founder Do Kwon Charged for Forging Documents by Montenegrin Police

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Montenegrin police on Friday formally charged Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,29,500 crore) or more last year, for forging official documents after arresting him on Podgorica airport. Do Kwon, a South Korean national, and a second suspect have been held on Thursday while trying … Read more