Do Kwon faces fraud charges from US prosecutors hours after arre
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Do Kwon faces fraud charges from US prosecutors hours after arre
Terraform Labs CEO Do Kwon has been charged with fraud by United States prosecutors in New York, just hours after he was reportedly arrested in Montenegro.
In a court filing signed by United States Attorney Damian Williams, the 31-year-old entrepreneur has been charged with eight separate counts, including commodities fraud, securities fraud, wire fraud, and conspiracy to defraud and engage in market manipulation.
Read more: Cointelegraph
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