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Do Kwon: South Korean cryptocurrency boss jailed in Montenegro for forging documents


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Do Kwon: South Korean cryptocurrency boss jailed in Montenegro for forging documents

Terraform Labs founder and aide sent to four months in prison

 

<p>South Korean cryptocurrency entrepreneur, co-founder of Terraform Labs, Do Kwon (C), is taken to court in Podgorica </p>

 

 

Fugitive cryptocurrency chief Do Kwon, the entrepreneur sought by the US and South Korea in connection with a $40bn crash, was sentenced to four months in prison by a court in Montenegro.

The 31-year-old South Korean national and Terraform Labs founder was found guilty of attempting to travel with a forged passport.

 

He was arrested by the Montenegrin police in March as he tried to board a flight to Dubai at Podgorica Airport.

 

Han Chang-joon, the former chief financial officer of Terraform Labs, was convicted of the same crime and handed a four-month sentence.

The two were charged with forging official documents and placed in 30-day pre-trial detention. Police said they recovered doctored Costa Rican passports and a separate set of Belgian passports.

 

FULL STORY

 

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