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Crime and Investigations

Korean Officials Try to Track Down Do Kwon in Serbia

Korean Officials Try to Track Down Do Kwon in Serbia

Since the collapse of Terra (LUNA) and UST last year, the whereabouts of Do Kwon, the man behind Terraform Labs, has been quite a mystery.

Although Interpol issued a red notice for his arrest, he continued to tweet and engage with his followers. Now, South Korean officials from the Justice Ministry and the prosecutor’s office traveled to Serbia in order to find clues as to where the elusive Do Kwon could be hiding.

South Korean officials traveled to Serbia earlier this month as they stepped up their pursuit of elusive former Terra chief Do Kwon. The funny thing in the whole story is that one time the Korean entrepreneur tweeted that he was not hiding and that nobody was looking for him – even when there was a warrant for his arrest issued by local authorities four months after Terra’s implosion.

Kwon slipped through the fingers of the police and has been a fugitive ever since.

But why Serbia?

Тhere were multiple claims that Kwon was spotted in the Eastern European country. And it is no surprise – Serbia is the neighboring country of Kosovo, where Interpol has no jurisdiction.

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Now, there is no extradition treaty between the two countries, but they have agreed to the European Convention on Extradition. This means that Serbia could hand over the founder of Terra.

But as a researcher at the Korea Criminal Justice Policy Institute said: “Extraditions need to be mutually beneficial. Serbia is still an unprecedented nation in this regard.

Do Kwon has been silent in the social media space since November. Whether or not he is hiding in Eastern Europe is yet to be seen, as it all may be just pure speculation and false witness reports.

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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