(Many exchanges have since revived limited support for the old token.) Kwon said in an interview to Coinage last month that South Korean prosecutors and he hasn’t been charged with anything — even though law enforcement is barring his employees from leaving the country.
What happened to do Kwon?
Do Kwon flew to Singapore in May - before Terra crashed - but the authorities say he's no longer there. South Korean prosecutors had asked Interpol to place him on the red notice list - a request it has now complied with - and asked the foreign ministry in Seoul to revoke his passport, saying that Do Kwon was "on the run".
What happened to Mr Kwon's cryptocurrencies?
Mr. Kwon has faced an investigation in South Korea and investor lawsuits in U.S. courts after two cryptocurrencies that he created—TerraUSD and Luna—crashed earlier this year. The collapse erased some $40 billion in value in the two cryptocurrencies in a few days, and wiped out the savings of thousands of investors.
Is Mr Kwon in hiding?
Mr Kwon has previously denied he was in hiding but never revealed his location. News of his arrest was first shared by Montenegro's interior minister Filip Adzic, who said on Twitter that "one of the world's most wanted fugitives" had been detained at Podgorica's airport.