Terra Founder Do Kwon's Fate May Be Decided: SEC Goes to Montenegro
An important meeting was held for Do Kwon, the founder of Terra (LUNA), which caused a huge earthquake in the cryptocurrency market by sinking.
Montenegrin Minister of Justice Andrej Milović and Director General of Capital, International and EU Fund Projects Dragutin Đeković recently met with representatives of the US Securities and Exchange Commission (SEC).
The SEC delegation included Director of Investigations Gurbir Greval, Head of the Crypto Asset and Cyber Unit (CACU) David Hirsch, CACU Deputy Director Jorge Tenriero, Office of International Affairs (OIA) Deputy Director Matthew Greiner and Senior Special Counsel (OIA) Marley Miller.
During the meeting, Minister Milović was presented with a detailed principle on the work of the SEC, with particular emphasis on the principles of monitoring and protecting investors participating in stock market transactions and cryptocurrency trading. It was explained how the legal system works regarding these activities, what legal remedies are available for investors and what actions are taken in different situations.
One of the topics of the meeting was the SEC's investigation into the Terra (LUNA) founder Do Kwon case. Minister Milović was informed about the results of this investigation and the progress of the legal process against Do Kwon in the USA.
Minister Milović emphasized the importance of international cooperation in the field of investor protection and the fight against fraud in financial markets and thanked the SEC representatives for the detailed presentation and useful information.
