The recent arrest of Do-hyung Kwon, the CEO of Terraform Labs, in Montenegro has brought to light his previous denial of U.S. jurisdiction
Highlights
- Do-hyung Kwon, the CEO of Terraform Labs, in Montenegro has brought to light his previous denial of U.S.
- jurisdiction while on the run.
- Kwon was a key figure in the ‘Terra/Luna’ incident that caused a domino effect of the collapse of the value of cryptocurrency around the world.
- He delayed the deadline for submitting an appeal request to the effect of disobeying the summons order of the US Securities and Exchange Commission on August 18 last year to October 6 by 30 days, requested the US Supreme Court.
- In April of last year, a month before the Terra and Luna crash, Kwon left Korea and fled.
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