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Who is Kwon Do-hyeong?

Interpol says a man arrested in Montenegro is Kwon Do-hyeong, also known as Do Kwon, the disgraced founder of a collapsed crypto company who is wanted in South Korea and the United States on fraud and other charges. Kwon, a South Korean national, founded the blockchain platform behind the TerraUSD stablecoin and its sister coin Luna.

Who is Kim Kwon?

Kwon, a South Korean national, founded the blockchain platform behind the TerraUSD stablecoin and its sister coin Luna. Both coins lost their value in a matter of days in May 2022, wiping about $40 billion from the crypto market and setting off panic across the speculative sector.

Who is Terra's do Kwon?

BBC Korean says a red notice has been issued for the 31-year-old, who is accused of fraud over the company's $40 billion collapse. An arrest warrant was issued in his native South Korea earlier this month. Do Kwon flew to Singapore in May - before Terra crashed - but the authorities say he's no longer there.

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".

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