Terra co-founder Do Kwon reportedly indicted for document forgery
While Terraforms’ Do Kwon and Han Chang-jun are facing charges in Montenegro, the other co-founder, Shin Hyun-seung, still walks free in South Korea. Prosecutors in Montenegro have report edly issued the indictments to Terra co- founder Do Kwon after arresting the executive in late March. The Prosecutor’s Office of the State of Podgorica has indicted former Terraform Labs co-founder and former CEO Kwon for allegedly forging legal documents, the Korean industry-focused news agency Block Media reported on April 20. The charges came a few weeks after Kwon was arrested on March 23 while trying to board a private plane at an airport in Podgorica, the capital of Montenegro. He allegedly was using fake documents while attempting to board the flight to Dubai. Terraform Labs co-founder and former CEO Do Kwon. Source: Block Media Han Chang-jun, Terraform’s former chief financial officer, is facing similar charges, the report says. Han was arrested with Kwon in Podgorica in March. Following th...