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Credit Suisse, UBS Facing DOJ Probe

Bloomberg Daybreak: Asia Edition

00:00

Lock Shares Slid as Much as 22 Percent After the News

US prosecutors have charged the co-founder of Terraform Labs, Doquan, with fraud after he was detained earlier in Montenegro. Quan was caught while trying to fly to Dubai, allegedly using falsified Costa Rican travel documents. Lock share slid as much as 22 percent after the news today, closing down 15 percent. The company's biggest intraday decline in three years.

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