March 28, 2024
Security News

Terraform Labs Founder Do Kwon Faces Fraud Charges in New York Following Arrest in Montenegro

Terraform Labs founder and crypto fugitive Do Kwon has been charged with eight counts of fraud in New York after his arrest in Montenegro. The indictment, which was made public in the U.S. District Court in Manhattan on Thursday, charges Kwon with two counts each of securities fraud, wire fraud, commodities fraud, and conspiracy, according to a report by Reuters. ... Read More: Terraform Labs Founder Do Kwon Faces Fraud Charges in New York Following Arrest in Montenegro