According to Adžiæ, Do was arrested at Podgorica airport with forged documents. theSun thesundaily Montenegrinpolice SouthKorean cryptocurrency
: Montenegrin police on Thursday arrested a South Korean citizen who is suspected of being one of the most wanted fugitives and a cryptocurrency trader, Montenegro's Interior Minister Filip Adžiæ has reported.
Do Kwon, 32, is a former “cryptocurrency king” who is believed to be responsible for losses of more than US$40 billion, the minister said on his Twitter account, adding that official confirmation of identity is being awaited. According to Adžiæ, Do was arrested at Podgorica airport with forged documents. He is wanted in South Korea, the USA, and Singapore.
South Korean prosecutors believe that Do Kwon is responsible for the US$40 billion collapse of two currencies, terraUSD, and Luna, on which many investors made millions by the end of May 2021. In May of that year, these two currencies collapsed and their value dropped to zero.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korean tourists make a beeline for SabahKOTA KINABALU: A total of 21,541 visitors from South Korea came to Sabah in January alone, almost 40% of the 55,152 tourists from that country who visited the state for the whole of last year.
Read more »
Crypto founder Do Kwon is indicted in US, following Montenegro arrestNEW YORK, March 24 — Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated US$40 billion (RM176.7 billion) or more last year, has been...
Read more »
N. Korean leader Kim Jong-un’s daughter seen wearing US$1,900 Christian Dior jacketSEOUL (The Korea Herald/Asia News Network): Kim Ju-ae, the daughter of North Korea leader Kim Jong-un, was recently seen wearing what appears to be a product of luxury brand Christian Dior, marking a stark contrast to the living conditions of ordinary people in one of the world’s poorest countries.
Read more »
North Korea fires multiple cruise missiles: South’s militaryKim also ordered the North Korean military this month to intensify drills to prepare for a “real war”. theSun theSundaily military NorthKorea SouthKorea USA
Read more »
Sabah assistant minister says state remains preferred tourism destination for South KoreansKOTA KINABALU, March 22 — Sabah is once again a preferred destination for South Koreans after the state recorded nearly half of 2022 arrivals in just the first month of this...
Read more »
New South Wales to vote in close-run electionOpinion polls show Australia’s Labor party is marginally ahead of the ruling coalition.
Read more »