According to Digital Asset reports, Do Kwon, co-founder of Terraform Labs, recently hired a global law firm DENTONS (大成) to help him deal with the prosecution and investigation of the US federal prosecutor. Foresight News previously reported that on March 24, according to CoinDesk, hours after Montenegro police arrested Do Kwon, the founder of Terraform Labs, New York federal prosecutors filed criminal fraud charges against Do Kwon. According to the indictment, Do Kwon was charged with conspiracy to defraud , commodity fraud, securities fraud, wire fraud, and conspiracy to manipulate markets.