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Singapore Police Have Begun Probing Crypto Fugitive Do Kwon’s Terraform Labs

  • Island’s police force says investigations have now commenced
  • US SEC last month accused Kwon and Terraform Labs of fraud
Do Kwon
Do Kwon

Photographer: Woohae Cho/Bloomberg

Singapore police said they have begun a probe linked to Terraform Labs Pte, the company co-founded by crypto fugitive Do Kwon.

In an emailed statement on Monday, the force said “investigations have commenced in relation to Terraform Labs” and added the inquiries are “ongoing.” It also said Kwon isn’t currently in the city state.