Just hours after Terra founder Do Kwon’s arrest in Montenegro was reported, U.S. prosecutors filed criminal charges against him.
Do Kwon is charged with conspiracy to commit fraud, commodity fraud, securities fraud, wire fraud and conspiracy to manipulate the market. American law enforcement plans to seek the extradition of the founder of Terra in the United States.
The statement emphasizes that Do Kwon has “made false and misleading statements for years,” both on television and on various social media accounts linked to Terraform Labs.
Interestingly, according to law enforcement, Do Kwon contacted representatives of an investment and trading firm in the US to help him “change the market price of UST.” Apparently, we are talking about the Jump Crypto company.
Yesterday, Do Kwon was arrested at the airport in the capital of Montenegro.
Source: bitcoinlinux.com
