Singapore police have begun probing crypto fugitive Do Kwon’s Terraform labs

The US Securities & Exchange Commission last month accused Do Kwon and Terraform Labs of fraud. Kwon also faces charges in his native South Korea over the US$60 billion wipeout of digital assets that he created. - Bloomberg

SINGAPORE, March 6 (Bloomberg): Singapore police said they have begun a probe linked to Terraform Labs Pte, the company co-founded by crypto fugitive Do Kwon.

In an emailed statement on Monday, the force said "investigations have commenced in relation to Terraform Labs” and added the inquiries are "ongoing.” It also said Kwon isn’t currently in the city state.