They got Kwonzi

Discussion in 'Crypto Assets' started by Pekelo, Mar 23, 2023.

  1. Pekelo

    Pekelo

    It is a small world, after all. Do Kwon got arrested in Montenegro. I wonder who gets his coins?

     
    destriero, traderlux and Nobert like this.
  2. Well that was pretty quick. Obviously, he is no Ruja Ignatova...
     
    d08 likes this.
  3. Pekelo

    Pekelo

    Somebody already wants him:

    https://www.channelnewsasia.com/asia/south-korea-seek-extradition-crypto-fugitive-do-kwon-3371176

    "SEOUL: South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP on Friday (Mar 24), after the Terraform founder was arrested in Montenegro and hit with US fraud charges.

    Kwon, whose full name is Kwon Do-hyung, has been accused of fraud over his company Terraform Lab's dramatic collapse last year, which wiped out about US$40 billion of investors' money and shook global crypto markets.

    The 31-year-old was arrested at the Podgorica airport in Montenegro on a South Korean warrant, the country's interior ministry said Thursday."
     
  4. d08

    d08

    He didn't seem to have been set out to commit fraud but hubris and ego did him in. Ignatova was fraud from the start though.
     
  5. Pekelo

    Pekelo

  6. Pekelo

    Pekelo

  7. Don't worry...

    Deploying more capital - steady lads