Crypto Fugitive Do Kwon Is
Indicted in SDNY for TerraUSD and
Luna after Montenegro Arrest
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
March 24 – Do Kwon has been
indicted for fraud and market
manipulation in the US
District Court for the
Southern District of New York,
after an arrest at the airport
in Montenegro.
The SDNY
case has been assigned to
District Judge John P.
Cronan.
The
indictment, formally against
Do Hyeong Kwon, cites Terra
LUNA and TerraUSD. South Korea
has also asked that Do Kwon be
extradited. Inner City
Press, which covers all things
crypto in the SDNY and beyond,
is tracking it.
The SDNY case is
US v. Kwon, 23-cr-151 (Cronan)
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