Do Kwon Sentenced to 4 Months in Prison in Montenegro
Previously, Kwon claimed that he had no idea the passport he carried when caught was fake.
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Previously, Kwon claimed that he had no idea the passport he carried when caught was fake.
He is also wanted in the US and South Korea
Kwon’s attorneys will seek to reduce the 30-day detention extention period ruled by the Montenegrin authorities.
The plaintiffs in a class action lawsuit against TerraUSD and its affiliated companies voluntarily dismissed their case on Monday.
Do Kwon, the co-founder and Chief Executive Officer (CEO) of Terraform Labs, is now in hotter water following a crucial discovery made by South Korean prosecutors.
The last week has been one filled with activity for the founders of the now-defunct Terra network.
“There is no doubt that there are many more crimes to be discovered in your trail of destruction,” hacktivist group Anonymous said on its YouTube channel.
The network difficulty recorded a drop of 4.33% — falling from 31.251 trillion to 29.897 trillion on May 26, just two weeks after attaining its all-time high.
South Korea's national tax authority imposed a fine of 78 million U.S. dollars (about 100 billion won) on charges of tax evasion.