Founder of Terraform Labs Granted Release from Custody by Montenegro Court

The Court of Montenegro allowed the release from custody of the founder of Terraform Labs, whom the country's authorities accused of forgery. In addition to Do Kwon, the company's former chief financial officer Han Chang-Joon will also be ...

Terraform Labs Founder Do Kwon’s Hidden Apartment Confiscated by Serbian Police

The police in Serbia have taken possession of an apartment in Belgrade where Do Kwon, the founder of Terraform Labs, had been hiding for six months before being apprehended in Montenegro. The duplex, worth €2.2 million, was raided by the police on Friday, after it was revealed that Han Chang-Joon ...

Police in Kosovo seize 174 cryptocurrency mining machines due to electricity theft

The Republic of Kosovo's law enforcement agencies recently seized 174 ASIC miners from Serbs residing in the northern part of the country. The police stressed that the electricity consumption in these areas has significantly increased in recent years, and residents have been reluctant to pay thei ...

Terraform Labs Founder Do Kwon Accused of Fraud and Setting up Company in Serbia for Less Than $1

According to reports from various media outlets, Do Kwon, the founder of Terraform Labs, established a new company in Serbia for a remarkably low price of less than $1 just a few weeks after being placed on the international wanted list by Interpol. Kwon founded a company named "Codokoj22 d.o.o. ...