According to the Chosun Ilbo, South Korea’s largest newspaper, Do Kwon, co-founder Terraform Labs, is currently hiding in Serbia, according to information obtained by an official involved in an investigation into the fugitive crypto-currency entrepreneur.
South Korean prosecutors are currently seeking cooperation from Serbian authorities.
In September, Do Kwon and five others involved in the Terra implosion were served with an arrest warrant. The Terra co-founder was charged with flouting capital market rules and other misdeeds. Interpol also issued a red notice for Do Kwon in the same month.