Terraform Labs CEO Sells Crypto Assets for $2.8 Million Before Release on Bail in Montenegro Amid Fraud Charges and LUNC Crypto Decline

05/17 13:40

Terraform Labs CEO Do Kwon has sold LUNC and USDT crypto assets worth $2.8 million before being released on bail in Montenegro. These funds are believed to be linked to the collapsed Terra-Luna project that caused over $40 billion in losses to the crypto market. Kwon and his associate Han Chong-joon are facing extradition to Montenegro and fraud charges in South Korea and the US.
bullishbullishbullishBullishbearishbearishbearishBearishLikeShare
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

All Comments0LatestHot

avatar
LatestHot