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Why Serbia makes sense for crypto fugitive Do Kwon

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

What could Terra founder Do Kwon be getting up to in Serbia?

Do Kwon continues to elude South Korean authorities and has been spotted in Serbia. Here’s a few activities the Terra founder might enjoy.

Sources say Sam Bankman-Fried (SBF) shorted Terraform Labs’ luna token and dumped too many sell orders on terraUSD right before it collapsed.

South Korea has issued an arrest warrant for Terraform Labs co-founder Daniel Shin for securities violations and misappropriating funds.

The audit details how Luna Foundation Guard moved more than 52,000 bitcoin from its reserves to Jump Trading to defend the price of TerraUSD.