Co-founder of S’pore-based crypto firm behind Terra/Luna collapse charged with fraud by US


Do Kwon, co-founder and chief executive of Terraform Labs, was arrested in Montenegro on March 23 as he prepared to board a flight. - Bloomberg

SINGAPORE (The Straits Times/Asia News Network): The fugitive and co-founder of Singapore-based Terraform Labs, the crypto firm behind the infamous Terra/Luna tokens that crashed last year, was charged with fraud by US prosecutors in New York on Thursday (March 23).

This was hours after authorities in Montenegro arrested him as he prepared to board a flight.

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