South Korean Officials Went All The Way to Serbia to Trace Do Kwon

South Korean Officials In Pursuit of Do Kwon

According to a report, the prosecutor’s office in Seoul said the reports aren’t false regarding members of its team trekking out to the Balkan state to find Kwon. It appears at least two state officials, one from the prosecutor's office and the other from South Korea’s Justice Ministry, went to Serbia to track him down.

Local South Korean media had confirmed on Dec. 11 that a state intelligence official informed them that Kwon had based himself in Serbia. The absence of any extradition treaty between South Korea and Serbia probably made Serbia a great hideout spot for Kwon. South Korea has however stripped Kwon of his passport which may make future travel more difficult.

Terra Founder On The Run From The Law

Kwon has been accused of being on the run since Sept. 14 when South Korean prosecutors issued an arrest warrant against him, an accusation that he denied in October. The 31-year-old fallen entrepreneur has also been accused of breaching capital markets laws.

While Kwon is known to be a prolific tweeter, he went nearly two months without tweeting or retweeting a single post — causing some to speculate what the controversial figure has been up to. But Kwon recently responded to an evocative tweet targeted at him, stating that he hasn’t stolen any money and has never had any “secret cashouts.”

To date, Kwon denies any wrongdoing.