Hydropower Fuels Montenegro's Bitcoin Ambitions
Montenegro explores hydroelectric-powered Bitcoin bonds for economic growth.
Cheng YuanMontenegro explores hydroelectric-powered Bitcoin bonds for economic growth.
Cheng YuanHe had previously been arrested at Podgorica airport for using a fake passport, after having been on the run for about a year.
AlexPreviously, Kwon claimed that he had no idea the passport he carried when caught was fake.
cryptopotatoDo Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company behind the stablecoin TerraUSD that collapsed in May 2022, roiling cryptocurrency markets.
OthersHe is also wanted in the US and South Korea
dailyhodlPrevious attempts to arrest the Terra co-founder Daniel Shin failed because a South Korean court refused to grant the arrest warrant.
CryptoSlateTerraform Labs is headquartered and registered in Singapore and this is the first time the country has publicly taken action against Do Kwon and his firm.
CryptoSlateTerraform Labs employees have reportedly been prohibited from exiting South Korea as investigations by prosecutors continue.
CointelegraphThe U.S. regulator is investigating whether Terraform used its Mirror Protocol to sell unregistered securities in a case unrelated to the Terra collapse.
CointelegraphAccording to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country.
Cointelegraph