Film about the collapse of Terraform Labs was shot in Korea
Date: 2024-12-12 Author: Gabriel Deangelo Categories: IN WORLD
The prototype for the main character was obviously Do Kwon, co-founder of Terraform Labs. The central event of the film is the creation of the altcoin MOMMY, which is initially perceived as a promising project. However, its rapid success turns into a disaster: the project collapses, leading to a chain of bankruptcies, and its founder is forced to hide from the law.
To date, Do Kwon has been detained by Montenegrin authorities. His fate remains uncertain, although the attention of the world community is still riveted on his story.
Interest in cryptocurrency scandals in cinema is growing. In November, screenwriter Lena Dunham signed a contract to film the events related to the collapse of the FTX crypto exchange and its founder Sam Bankman-Fried. The story has already attracted interest from major companies like Apple and A24, who have acquired the rights to adapt it.
Meanwhile, in August, the Montenegrin Court of Appeal upheld the decision to extradite Do Kwon to South Korea. There, he will face criminal charges related to the collapse of Terraform Labs. Despite the court's decision, the exact date of the extradition has not yet been determined. The story continues to attract attention not only in courtrooms, but also on the big screen.
