Do Kwon, a South Korean national, is the former CEO of Terraform Labs, the company behind the stablecoin TerraUSD that collapsed in May 2022 and roiled cryptocurrency markets.
Do Kwon, a South Korean national, is a cryptocurrency entrepreneur and former CEO of South Korea-based Terraform Labs, the company behind the stablecoin TerraUSD that collapsed in May 2022 and roiled cryptocurrency markets.
He presided over the two digital currencies that lost an estimated $40 billion or more last year. South Korean authorities issued an arrest warrant for him last September. But Kovac said the two had been charged in Montenegro with forging documents and would be extradited only after a trial and any sentence served in the small Adriatic republic.
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