South Korea to seek extradition of crypto fugitive Do Kwon

South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.

Kwon, whose full name is Kwon Do-hyung, has been accused of fraud over his company’s dramatic collapse last year, which wiped out about $40 billion of investors’ money and shook global crypto markets.

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