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Do Kwon, wanted in $40B crypto token crash, arrested in Montenegro

The former crypto CEO, who was on the run for months, faces fraud charges in South Korea and the U.S.

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Cryptocurrency: Do Kwon reportedly arrested in Montenegro, indicted in US

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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South Korean cryptocurrency fugitive Do Kwon arrested in Montenegro, charged with fraud in US

Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated US$40 billion (S$53 billion) or more last year, has been charged with fraud by US prosecutors. An eight-count indictment against Kwon was made public in the US District Court in Manhattan, several hours after news of his arrest earlier on Thursday in Montenegro. Lawyers for Kwon in.

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