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Do Kwon
Terraform Labs Founder Do Kwon Arrested in Montenegro, Country's Interior Minister Says
The founder of Terraform Labs, Do Kwon, appears to have been arrested in Montenegro, according to a tweet by the country's minister of interior, Filip Adzic. CoinDesk has reached out to the Montenegro government for comment. Crypto traders reacted to the news, with Terra's LUNA tokens falling steeply in the immediate aftermath. "The Hash" panel discusses the latest developments surrounding the fall of the Terra ecosystem that shook the crypto industry last year.
Terra's LUNA Tokens Fall Steeply on Do Kwon's Alleged Arrest
Kwon was reportedly arrested in Montenegro earlier on Thursday.
Do Kwon Arrested in Montenegro: Interior Minister
The suspect was detained at the Podgorica airport with falsified documents, said Filip Adzic.
Justice Department Investigating TerraUSD Stablecoin Collapse: Reports
The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.
Singapore Authorities Probing Do Kwon’s Terraform Labs: Bloomberg
Singapore's police said they have started to investigate Terraform Labs, the company behind the failed terraUSD (UST) stablecoin, according to a Bloomberg report on Monday. "The Hash" panel discusses the latest developments after the collapse of TerraUSD last year led to a wave of bankruptcies in the crypto industry, including those of hedge fund Three Arrows Capital and crypto lenders Voyager Digital and Celsius Network.
Singapore Police Start Probe Into Do Kwon’s Terraform Labs: Bloomberg
Bloomberg reports that Singapore police said they have commenced an investigation into Terraform Labs, the company behind the failed TerraUSD (UST) stablecoin. This comes after the SEC sued Terraform Labs last month, alleging that the crypto firm and its co-founder Do Kwon misled investors about UST's stability. "First Mover" hosts weigh in.
Singapore Police Probing Do Kwon's Terraform Labs: Bloomberg
Authorities have confirmed Do Kwon isn't in the city-state.
