May 5, 2024

AndronETalksNews

AndronETalksNews

TerraUSD: South Korea ‘cryptocrash king’ Do Kwon jailed

Yahoo Finance – BBC News

By Peter Hoskins

June 19, 2023

Do Kwon, the cryptocurrency boss behind the $40bn (£31.3bn) collapse of the terraUSD and Luna tokens, has been sentenced to four months of jail in Montenegro.

Mr Kwon was found guilty of forging official documents.

He was arrested in March as he tried to board a flight to Dubai at Podgorica Airport, in the country’s capital.

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