Montenegro charges crypto fugitive Do Kwon with forgery

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AFP

Podgorica (Montenegro) (AFP) – Montenegro on Friday charged fugitive cryptocurrency entrepreneur Do Kwon with forgery, with the South Korean expected to appear in court for extradition proceedings.  He is accused of fraud over his company’s dramatic collapse last year, which wiped out about $40 billion of investors’ money and shook global crypto markets. Kwon, whose full name is Kwon Do-hyung, was arrested a day earlier in the airport of the Montenegrin capital Podgorica with a companion after being found travelling with fake documents. “A criminal complaint was filed against both persons for …

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