1 year ago
The co-founder and CEO of Terraform Labs, Do Kwon, has been sentenced to 4 months imprisonment by a Montenegrin court, according to a June 19 statement.
The tribunal recovered Kwon and his associate, Han Chang-Joon, blameworthy of utilizing forged question documents portion attempting to committee a backstage pitchy to Dubai successful March.
Kwon and Chang-Joon antecedently pleaded not guilty to the charges, arguing that the passports they tried utilizing were genuine.
Per the nationalist statement, the tribunal said the clip Kwon and his subordinate spent successful detention would beryllium included successful the sentence.
Meanwhile, the tribunal ordered the confiscation of 2 Costa Rican passports, 2 Belgian passports, and 2 individuality cards.
DL News archetypal reported the story.
Authorities successful South Korea and the United States person filed criminal charges against Kwon implicit his relation successful the illness of Terra’s algorithmic stablecoin, UST.
The station Terra’s Do Kwon sentenced to 4 months’ imprisonment successful Montenegro appeared archetypal connected CryptoSlate.
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