Crypto fugitive Do Kwon placed in Serbia by South Korean reports

SEOUL, Dec 12 (Bloomberg): Serbia has emerged as a likely location for crypto fugitive Do Kwon, the fallen 31-year-old entrepreneur facing charges in his native South Korea over the US$60 billion wipeout of digital assets that he created.

The prosecutors’ office in Seoul said Monday reports placing the progenitor of the collapsed TerraUSD and Luna tokens in the landlocked Balkan nation "aren’t false.”