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Filip adzic
Do Kwon Developments; Jack Dorsey’s Block Tumbles Following Hindenburg’s Report
A tweet from Montenegro's minister of interior, Filip Adzic, indicates that Terraform Labs co-founder Do Kwon appears to have been arrested in the country. Separately, Block (SQ) shares are tumbling after notable short-seller, Hindenburg Research accuses the company of "wildly" overstating user counts while understating customer acquisition costs.
What's Next for Do Kwon?
The co-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. David Z. Morris, CoinDesk Chief Insights Columnist and host of the narrative podcast Crypto Crooks, discusses the latest developments and differences between Do Kwon and Sam Bankman-Fried.
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.
