Caixin
Oct 30, 2023 07:26 PM
WALL STREET JOURNAL

The Hunt for Crypto’s Most Famous Fugitive. ‘Everyone Is Looking for Me.’

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Do Kwon is wanted by U.S. and South Korean authorities over his role in one of the biggest disasters in cryptocurrency history. Photo: The Paper
Do Kwon is wanted by U.S. and South Korean authorities over his role in one of the biggest disasters in cryptocurrency history. Photo: The Paper

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By Alexander Osipovich, Jiyoung Sohn, Weilun Soon and Drew Hinshaw

(The Wall Street Journal) — Fallen crypto tycoon Do Kwon was ready to get out of Montenegro. He and his colleague arrived at the small Balkan country’s main airport, where a Bombardier business jet was waiting to take them to Dubai.

Inside the VIP terminal, Kwon handed his passport to an immigration officer, who swiped it. An alert flashed across the officer’s screen. Kwon, it said, was the target of an Interpol red notice — a request to police around the world to arrest him. 

Kwon had been lying low in the Balkans for months, but his luck was running out. About two hours earlier that day, March 23, a tipster had separately warned Montenegro’s top cop, Interior Minister Filip Adžić, that Kwon was likely in the country. 

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