Montenegro court sentences founder of cryptocurrency firm Terraform Labs to 4 months in prison

Retrieved on: 2024-04-06 16:04:22

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Do Kwon

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Montenegro court sentences founder of cryptocurrency firm Terraform Labs to 4 months in prison. View article details on HISWAI: https://www.aol.com/montenegro-court-sentences-founder-cryptocurrency-132923112.html

Summary

Do Kwon, founder of Terraform Labs, received a four-month prison sentence in Montenegro for using fake documents, amid a larger investigation related to the Terra stablecoin (UST) collapse which cost investors $40 billion.

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