South Korea’s hunt for crypto fugitive Do Kwon leads to Serbia

in terra •  2 years ago 

South Korea’s hunt for crypto fugitive Do Kwon leads to Serbia

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https://www.ft.com/content/4b0a1d1f-f6f2-4879-a9a3-e45174a63f27

South Korean prosecutors believe that Do Kwon, the failed entrepreneur behind the $40bn implosion of the terraUSD and luna tokens, is hiding in Serbia, as they intensify their months-long global manhunt for the disgraced crypto king.

They are seeking to co-operate with Serbian authorities to locate and detain him, according to the Seoul Southern District Prosecutors’ Office investigating the collapse of Kwon’s cryptocurrency operator Terraform Labs.

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