Terra co-founder Do Kwon reportedly indicted for document forgery

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Terra co-founder Do Kwon reportedly indicted for document forgery
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Terraform execs Do Kwon and Han Chang-jun are charged with document forgery in Montenegro.

Terraform Labs co-founder and former CEO Do Kwon. Source: Block Media

Han Chang-jun, Terraform’s former chief financial officer, is facing similar charges as Kwon, the report notes. Han was arrested with Kwon in Podgorica in March. Following the issuance of the indictments, Montenegro prosecutors have reportedly requested an extension of the detention period for the two former Terraform executives.

While Han and Kwon are facing charges in Montenegro, one other Terraform co-founder — Shin Hyun-seung, also known as Daniel Shin — is still walking free in South Korea. Local authorities have

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