Do Kwon, co-founder of Terraform Labs, has been indicted by prosecutors in Montenegro for forgery of legal documents. The charges came after Kwon was arrested in March while attempting to board a private plane from Podgorica Airport to Dubai using fake documents. Han Chang-jun, Terraform's former CFO, is also facing similar charges. Montenegro prosecutors have requested an extension of the detention period for both Kwon and Han. Another Terraform co-founder, Shin Hyun-seung, is still free in South Korea after local authorities attempted to arrest him but were denied by the Seoul Southern District Court.
(By HELEN PARTZ)
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