Police: Crypto firm founder Do Kwon arrested in Montenegro

Montenegro charges crypto fugitive Do Kwon with forgery

PODGORICA -- Prosecutors in Montenegro on Friday charged fugitive cryptocurrency entrepreneur Do Kwon with forgery and South Korean officials vowed to press for his extradition. The Terraform founder is accused of fraud over his company’s dramatic collapse last year, which wiped out about $40 billion of investors’ money and shook global crypto markets. Kwon, whose full name is Kwon Do-hyung, was arrested ...

Do Kwon, wanted in $40 billion crypto token crash, arrested in Montenegro

The former crypto CEO, who was on the run for months, faces fraud charges in South Korea and the U.S.

Do Kwon: Fugitive S Korean behind $40bn crypto collapse arrested in Montenegro

Kwon Do-hyeong or Do Kwon, the South Korean responsible for the $40bn collapse of the cryptocurrencies terraUSD and Luna, has been arrested in Montenegro, Interpol said on Friday. The 31-year-old was arrested earlier on Thursday along with another South Korean citizen after his fingerprints matched the official records.  “The person is suspected of being one of the most wanted fugitives, South Korean national Do Kwon, a co-founder and CEO of th

Crypto founder Do Kwon arrested in Montenegro

Montenegrin police have today formally charged Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, for forging official documents after arresting him on Podgorica airport.

South Korea to seek extradition of crypto fugitive Do Kwon

South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with U.S. fraud charges. Kwon, whose full name is Kwon Do-hyung, has been accused of fraud over his company's dramatic collapse last year, which…

Crypto fugitive Do Kwon arrested

The man accused of being behind a $60 billion cryptocurrency fraud that saw a large group of people lose their life savings has been arrested.