Crypto's Most Wanted: The Elusive Fugitive on the Run

1 min read
Source: Mint
Crypto's Most Wanted: The Elusive Fugitive on the Run
Photo: Mint
TL;DR

Do Kwon, a fallen crypto tycoon, is being hunted by U.S. and South Korean authorities for his role in the crash of TerraUSD and Luna, which wiped out $40 billion from the cryptocurrency markets. Kwon, who faces charges of fraud and violations of capital-markets laws, went into hiding after his Singapore home was raided. He was eventually captured in Montenegro, where he had been living under a fake passport. The U.S. and South Korea are now battling for his extradition.

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