Terra’s Do Kwon is Currently Hiding in Serbia (Report)

Do Kwon – CEO and Co-Founder of Terraform Labs – has reportedly moved to Serbia. 

The 31-year-old crypto developer fled South Korea shortly after his project’s native token – LUNA – and algorithmic stablecoin – UST – plunged to virtually zero, causing colossal investor losses and turmoil in the entire market.

According to a South Korean report, Kwon’s latest location is Serbia. Investigators claimed that he moved to the East European country last month and that his previous destination was Dubai.
The coverage further claimed Terra’s CEO could have already crossed Serbia’s border, reminding that his passport is invalid and officials are not able to detect an accurate entry/exit record.
The South Korean Ministry of Justice has requested the Serbian government’s assistance in case Kwon is still there.
Terra’s top executive has been on the run for the past several months, trying to avoid prosecution in his homeland.
Previous sources indicated he was frequently changing destinations, with Singapore, Dubai, Seychelles, and Mauritius being some of his hiding spots.
Interpol also joined the hunt, issuing a red notice for him in September. This means that law enforcement agents worldwide should join forces in the operation and detain him should they detect his whereabouts.
Kwon vowed to end the speculation around his mysterious location last month and even invited police officers to attend his conference, but he has still not provided the promised details.

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