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

Por: ABC News Business June 19, 2023

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PODGORICA, Montenegro -- A court in Montenegro on Monday sentenced the founder of cryptocurrency firm Terraform Labs, Do Kwon, and another citizen of South Korea to four months in prison for using forged documents. Kwon was arrested in Montenegro in March on an international arrest warrant in connection with the $40 billion crash of Terraform Labs’ cryptocurrency, which devastated retail investors around the world. Both South Korea and the... + full article



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