Former fugitive Do Kwon is a hot commodity. Both the US and South Korea are battling to win extradition, where he faces grave fraud charges.

Jump Crypto profited from Terra Luna as investors lost billions

Quantitative trading juggernaut Jump Crypto could have been one of the largest beneficiaries of one of history’s largest frauds, Terra.

Explained: SEC allegations against Do Kwon and Terraform Labs

The SEC claims that Do Kwon and Terraform Labs lied about a South Korean application called Chai using Terra to process payments.

Multiple reports have placed Kwon in Serbia but the country’s extradition laws and agreements could make getting him back to Korea tricky.

Terraform Labs founder and fugitive Do Kwon has country-hopped to Serbia, where circumstances are friendlier to those ‘on the run.’