Topic: Do Kwon arrested - page 7. (Read 1780 times)
Arrested with false documents isn’t a good look for Do Kwon at all. That will likely mean he won’t be able to bail out of jail due to being a flight risk (as if he wasn’t already), which means it’s possible that Do Kwon may not see himself outside of a prison for many years. I’m not sure what he was thinking. It seems like he let the money get to his head.
The Montenegrin Minister of Internal Affairs also announced the news on his T account, although the identity has not yet been confirmed. However, I am not surprised that De Kown was caught in Montenegro, because his last known location was Serbia, where he hid for months. He obviously had badly forged documents and thought he would pass under the radar - and if he had been at all smart, he could have flown from Serbia to Russia without any problems and been out of reach of anyone.
That it is a small country is true, but that it is peaceful and politically stable is far from the truth. The country is actually torn between the local Montenegrins and the Serbs who, with the help of Serbia, are trying to maintain their political influence. Although I would put Bosnia and Herzegovina in the first place as a potential area where war can break out, Montenegro is in second place, considering that Russia also has an influence on everything that happens there.
Well, that is great news, right? Montenegro isn't a part of the EU and is a small, quiet country, which is why Do Kwon probably assumed it was a good place to lie low.
That it is a small country is true, but that it is peaceful and politically stable is far from the truth. The country is actually torn between the local Montenegrins and the Serbs who, with the help of Serbia, are trying to maintain their political influence. Although I would put Bosnia and Herzegovina in the first place as a potential area where war can break out, Montenegro is in second place, considering that Russia also has an influence on everything that happens there.
According to Bankless, Do Kwon (The founder of Luna/USDT) has been arrested in Montenegro:
https://twitter.com/BanklessHQ/status/1638891838881910785
https://twitter.com/BanklessHQ/status/1638891838881910785
Finally another piece of trash from the crypto industry has been caught. I hope this bastard is punished for his mistakes.
Yeah, I'm a little surprised that it took so long. He will take his punishment, but he won't give back the money he took away from investors.
Better wait for another confirmation, their source is a Twitter user that claims:
I find it a bit weird and stupid for him to use a European airport, despite not being part of the EU Montenegro has a ton of extradition treaties, and with him on the Interpol list, there is no chance they will not deport him. Pretty a stupid move, he should have fled to some south Asian country instead.
Quote
Montenegrin police have detained a person suspected of being one of the most wanted fugitives, South Korean citizen Do Kwon, co-founder and CEO of Singapore-based Terraform Labs.
I find it a bit weird and stupid for him to use a European airport, despite not being part of the EU Montenegro has a ton of extradition treaties, and with him on the Interpol list, there is no chance they will not deport him. Pretty a stupid move, he should have fled to some south Asian country instead.
I think OP is likely correct because I did a search for it and cointelegraph is up with the news as Do Kwon is being arrested. His arrest is long overdue as he has been on the run for months claiming he is open to any government call in answering any questions as to what really happened to Terra chain and investors funds.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://cointelegraph.com/news/do-kwon-reportedly-arrested-in-montenegro/amp&ved=2ahUKEwj1sdvZn_L9AhVOi_0HHdX5DIYQFnoECBcQAQ&usg=AOvVaw1qvAsSgC9nnUAZYtdTX7y-
According to the reports, he was arrested at podgorica airport, Montenegro with "falsified documents" so I was wondering why he did use fake documents in traveling if that be the case. I thought he said he was not hiding from anybody and is willing to respond to any call from the government in answering any questions.
According to Bankless, Do Kwon (The founder of Luna/USDT) has been arrested in Montenegro:
https://twitter.com/BanklessHQ/status/1638891838881910785
But wait, while you all are at that. https://twitter.com/BanklessHQ/status/1638891838881910785
Don't you think this topic does not belong here since this is bitcoin discussion and this Luna is altcoin, please with all due respect as a staff legendary, correct me if I am wrong.
It is a big relief if confirm that the founder of Luna/USDT which crashed a few months ago has been arrested, just like Sam Bankman the CEO of FTX who is also under custody for similar crimes.
Well, that is great news, right? Montenegro isn't a part of the EU and is a small, quiet country, which is why Do Kwon probably assumed it was a good place to lie low. It's inspiring that the plan didn't work out, and he got arrested there. Scamming people (or grossly mismanaging their funds) who believed in a project and gave lots of money to it is certainly something that should be punished by law. My hope, as usual, is that as much money as possible will be returned to the victims. As for what else happens to this guy, I don't really care. I think the most important thing about financial crimes is to force the perpetrator to reimburse the victims.
Better wait for another confirmation, their source is a Twitter user that claims:
I will wait for more confirmation and official announcementQuote
Montenegrin police have detained a person suspected of being one of the most wanted fugitives, South Korean citizen Do Kwon, co-founder and CEO of Singapore-based Terraform Labs.
Finally another piece of trash from the crypto industry has been caught. I hope this bastard is punished for his mistakes.
The arrest if it is real, does not mean much for Terra Classic project and investors or traders who lost their lives with Terra LUNA and UST death spiral in the last year.Terra Classic changed to be like a community project and will not be affected by Do Kwon arrest.
This is interesting! But, can anyone alo help me in finding Podgorica as I want to go there and see if crypto as a currency is widely accepted.
Don't know why he chose this place but I bet there are various ways to hide yourself from banks and government in that piece of land known as Podgorica
Don't know why he chose this place but I bet there are various ways to hide yourself from banks and government in that piece of land known as Podgorica
Better wait for another confirmation, their source is a Twitter user that claims:
I find it a bit weird and stupid for him to use a European airport, despite not being part of the EU Montenegro has a ton of extradition treaties, and with him on the Interpol list, there is no chance they will not deport him. Pretty a stupid move, he should have fled to some south Asian country instead.
Quote
Montenegrin police have detained a person suspected of being one of the most wanted fugitives, South Korean citizen Do Kwon, co-founder and CEO of Singapore-based Terraform Labs.
I find it a bit weird and stupid for him to use a European airport, despite not being part of the EU Montenegro has a ton of extradition treaties, and with him on the Interpol list, there is no chance they will not deport him. Pretty a stupid move, he should have fled to some south Asian country instead.
According to Bankless, Do Kwon (The founder of Luna/USDT) has been arrested in Montenegro:
https://twitter.com/BanklessHQ/status/1638891838881910785
https://twitter.com/BanklessHQ/status/1638891838881910785
Finally another piece of trash from the crypto industry has been caught. I hope this bastard is punished for his mistakes.
After six months of running and hiding, they finally arrested him. Even as he claims not to be on the run and is open to answering any government calls,
His case will now be open, and now that almost the entire country's government will be demanding he get his hands on them, where will he be prosecuted?
Or will it be Singapore, where its office is based and registered?
His case will now be open, and now that almost the entire country's government will be demanding he get his hands on them, where will he be prosecuted?
Or will it be Singapore, where its office is based and registered?
According to Bankless, Do Kwon (The founder of Luna/USDT) has been arrested in Montenegro:
https://twitter.com/BanklessHQ/status/1638891838881910785
https://twitter.com/BanklessHQ/status/1638891838881910785
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