Do Kwon to face fraud charges

By Agence France-Presse

Mar 27, 2023 12:02 am

SEOUL: Once hailed as a genius, South Korean entrepreneur Do Kwon — now facing multiple criminal charges over his failed cryptocurrency — was a brash industry figure whose fame disintegrated into global notoriety.

After months on the run, the 31-year-old, whose full name is Kwon Do-hyung, was arrested Thursday in Montenegro after being caught trying to catch a flight using fake Costa Rican travel documents.

NABBED South Korean cryptocurrency entrepreneur co-founder of Terraform Labs (Terra Luna) Do Kwon (center) is taken to court after being arrested at the airport on Friday, March 24, 2023, in Podgorica. AFP PHOTO

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