Montenegro
Podgorica (Montenegro) (AFP) - A Montenegro court on Friday paved the way for the release on bail of fugitive cryptocurrency entrepreneur Do Kwon, as he awaits trial for document forgery. The Terraform founder has been in custody in Montenegro since late March after being arrested at the capital's airport carrying alleged fake travel documents. Both Seoul and Washington are seeking Kwon's extradition for his suspected role in fraud linked to his company's dramatic collapse last year, which wiped out about $40 billion of investors' money and shook global crypto markets. The court "accepted ba...
AFP
Podgorica (Montenegro) (AFP) - 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 with a companion on Thursday at the airport in the Montenegrin capital Podgorica after being found travelling with fake travel documents. "A criminal complaint was filed aga...
AFP
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