Terra co-founder Do Kwon reportedly indicted for document forgery

Prosecutors in Montenegro have reportedly 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

The news comes amid more global prosecutors reaching major milestones in procedures involving some crypto execs. On April 20, the Turkish police finally detained Faruk Fatih Ozer, founder and former CEO of Thodex, who allegedly fled Turkey with $2 billion stolen from the exchange in 2021.

Also on April 20, Cointelegraph confirmed that Tornado Cash developer Alexey Pertsev was set to be released from jail after Dutch authorities arrested him in August. The developer is expected to be back home by April 26, which happens to be his birthday.

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