Do Kwon, the fallen crypto kingpin who oversaw the catastrophic $40 billion collapse of two digital currencies last year, was arrested in Montenegro on Thursday and slapped with fresh fraud ...

Key Background. Do Kwon, who was one of Forbes’ 30 Under 30 in 2019, created Terraform Labs in 2018 and released the cryptocurrency token Luna and, later in 2020, a stablecoin called TerraUSD ...

Crypto founder Do Kwon charged with fraud in U.S. Hours before the charges were revealed, the man behind the stablecoin TerraUSD and the Luna token was arrested in Montenegro Updated March 24 ...

Terraform Labs co-founder Do Kwon, who presided over a more than $40-billion cryptocurrency implosion last year, was arrested in Montenegro and charged with fraud by U.S. prosecutors.

Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in the U.S. and South Korea in connection with a $40 billion crash of the firm's cryptocurrency that devastated ...

Mr. Kwon, the entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, was arrested earlier in Montenegro. By David Yaffe-Bellany The cryptocurrency entrepreneur Do Kwon — who designed ...

Interpol says a man arrested in Montenegro is Kwon Do-hyeong, also known as Do Kwon, the disgraced founder of a collapsed crypto company who is wanted in South Korea and the United States on fraud ...

This is currently the most intriguing element of Do Kwon’s arrest. South Korean police reported in December they believed Kwon had fled to Serbia; he was ultimately arrested in next-door Montenegro.

Do Kwon to Be Released Into House Arrest. The crypto mogul, creator of the failed TerraUSD stablecoin, was arrested in Montenegro in March. By . Drew Hinshaw. and . Alexander Osipovich. Share.

This is currently the most intriguing element of Do Kwon’s arrest. South Korean police reported in December they believed Kwon had fled to Serbia; he was ultimately arrested in next-door Montenegro.