Terraform Labs CEO Do Kwon hiding in Serbia, says South Korea

South Korea's Ministry of Finance "is in the process of requesting cooperation from the Serbian government"

South Korea's Ministry of Finance "is in the process of requesting cooperation from the Serbian government"

Shin is accused of allegedly making unfair profits from issuing in-house tokens LUNA and TerraUSD and also faces charges of breach of duty.

Kwon is facing charges related to the $60 billion wipeout of cryptocurrencies he created.

Key Takeaways: Do Kwon, the creator of the Terraform Labs cryptocurrency ecosystem is the subject of an arrest warrant issued by a court in South Korea. Do Kwon and five other people are wanted by a Seoul court on suspicionโฆ