Kwon sentenced in Montenegro for forging official documents amidst charges in the US and South Korea.
In a high-profile turn of events, Do Kwon, the mastermind behind the terraUSD and Luna tokens’ $40bn (£31.3bn) tumble, has been sentenced to four months in jail in Montenegro. Kwon, found guilty of forging official documents, was apprehended in March as he prepared to take a flight to Dubai from Podgorica Airport, the capital’s air hub.
The dramatic fallout from the implosion of the two digital tokens still reverberates, with charges also filed against Kwon in the US and South Korea.
Terraform Labs’ Former Finance Officer Shares the Same Fate
Adding to the intrigue, Han Chang-joon, the erstwhile finance officer of Kwon’s firm, Terraform Labs, shares Kwon’s fate….
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