TerraForm LabsCEO du Quan was charged by US prosecutors with fraud in the UK, hours after he was arrested in Montenegro.
In a court document signed by US prosecutor Wilshere Jones, the 31-year-old entrepreneur was tested on eight separate charges, including commodity spot fraud, securities fraud, telecom network fraud and collusion fraud and participation in sales market control.
According to the first charge, collusion and fraud, the US prosecutor claimed that he had territorial jurisdiction over prime minister power, and because he released a series of false statements and false expositions in a television interview, the relevant Terra blockchain technology was used by users, and this explanation was transferred to areas such as the South District of New York City.
The other four charges relate to a series of alleged false statements relating to TerraClassicU.S.stablecoin (USTC) strengthening the effectiveness of its peg to the US dollar and its rights to participate in quantitative trading strategies committed to changing USTC prices.
When the document was submitted, Montenegro's economy Minister Philip Adzic reported on March 23 that a person believed to be the former "head of digital currency" had been detained at Podgorica airport for carrying "forged documents".
Adzic indicated that the suspect, allegedly Prime Minister Quan, was detained at Podgorica airport with his partner Han Changjun when he tried to fly to the United Arab Emirates.
In a subsequent tweet, the Ministry of Internal Affairs of Montenegro reported that the prime minister had used false Costa Rican travel documents.
According to a report in Montenegro newspaper Pobjeda on March 23, it is very likely that the people's Procuratorate of our country will soon bring criminal charges against Quan and Junmou for using forged Costa Rican travel documents, saying that false travel documents were first found by Interpol.
According to statistics, the crime belongs to article 412, paragraph 2, of the Criminal procedure Law of Montenegro, which is punishable by up to three years' imprisonment.
A suitcase search also found fake Danish travel documents, along with three laptops and five mobile phones, all of which were taken from them, according to Pobjeda.
South Korean prosecutors issued an arrest warrant for Kwon Sangrong on September 9. The 14-year-old was faced with a series of fraud charges and violations of asset market laws in his home state. In addition, Interpol will announce it on September 1. 26 issued a bright red notice listing the roster for its arrest, and the Securities and Exchange Commission (United States Securities Exchange Commission) filed fraud charges on February 16th.
The charges against him are related to his alleged use of the $40 billion Terra King Classic (LUNC) dynamic password and the role often played in the bankruptcy of TerraClassicU.S.Stablecoin (USTC) in May last year.
It is reported that since the collapse, Quan Xiangquan has traveled between Malaysia, the United Arab Emirates and Portugal.
The South Korean Foreign Ministry announced on October 20 that it had cancelled Prime Minister Power's passport visa, mainly because he was unable to take out his passport visa after receiving instructions on October 6.
Magazines and periodicals: SEC sues du Quan, Paxos prepares to file lawsuits in advance, SBF's VPN: Hodler Abstracts, February 12-18
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