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News Explorer — New York Prosecutors Charge Terraform Labs Founder Do Kwon With Fraud

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Mar 23, 10:23 pm
www.bloomberg.com

New York Prosecutors Charge Terraform Labs Founder Do Kwon With Fraud

Terraform Labs co-founder Do Kwon has been charged with eight counts of fraud, including securities fraud, commodities fraud and wire fraud, by US prosecutors in New York. Kwon allegedly deceived investors about aspects of the Terra blockchain and engaged in market manipulation.

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