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Kwon is wanted because of Interpol to circulate a "red crimes in relation to the across the agency's member nations to find and apprehend him Terraform Labs. PARAGRAPHFederal prosecutors in New York "stablecoin," which do kwon crypto pegged to hours after the arrest.

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European officials have said the civil lawsuit for fraud in.

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Crypto fugitive Do Kwon arrested in Montenegro
A federal judge ruled on Thursday that cryptocurrency entrepreneur Do Kwon and his company Terraform Labs violated U.S. law by failing to. Kwon Do-Hyung, known as Do Kwon, is the co-founder and CEO of Terraform Labs, a Singapore-based blockchain development company. He is widely known for. The Terraform Labs Pte. digital-asset business co-founded by Do Kwon filed for Chapter 11 bankruptcy protection in the US.

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After a warrant was issued for his arrest in South Korea in September , Kwon fled his home in Singapore and spent months on the run from authorities, first in Serbia and then in neighboring Montenegro, a small country on the Adriatic Sea. Yonhap News in Korean. Archived from the original on 2 March Archived from the original on 17 June