The US Securities and Exchange Commission has probed whether the president of Jump Crypto engaged in a secret agreement with Terraform Labs’ Do Kwon in the…
The report, by web3 “super app” and antivirus solution De.Fi and data from REKT database, detailed that so far this year, the industry had recovered about $183 million, or nearly 28% of the $666.5 million lost to scams and hacks.
Another chapter was published this week in the long and bizarre saga of Terraform Labs' Do Kwon. A Basic Court in Podgorica, the capital of Montenegro, this week sentenced Kwon and the former chief executive officer of Terraform Labs, Chang-joon Han, to four months in prison for forging travel documents. The sentences include the time the two men have already spent in detention, 85 days, after being arrested at Podgorica Airport in March while trying to fly to Dubai, according to the court statement.