Terraform Labs founder Do Kwon handed four month sentence in Montenegro

Terraform Labs founder Do Kwon is wanted in South Korea and the US for a scheme that lost investors $40 billion when the company's cryptocurrency plummeted last year — but, for now, he will sit in a Montenegrin prison. Kwon has been found guilty on charges of forging official documents and sentenced to four months in jail after a late March arrest while trying to board a flight to Dubai from Podgorica Airport with fake Costa Rican passports, local newspaper Vijesti reported. Han Chang-joon, Terraform Labs' former finance officer, was also charged and sentenced on the same count. The pair were also found to have forged Belgian passports in their luggage, as well as computers sought by both the South Korean and US authorities.