South Korean authorities traveled to Serbia to arrest Terra’s Do Kwon
South Korean news outlets speculate that Do Kwon has been hiding out in Serbia since December 2022, but Terra’s fugitive founder continues to protest his innocence via Twitter.
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European law enforcement unravels digital asset scam ring
The raid resulted in the seizure of $1 million worth of digital assets, luxury apartments, and three cars, with over 250 suspects interviewed by police.
Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say
It remains unclear why Kwon chose Serbia, but South Korean authorities are not ruling out the possibility that the embattled founder has a “special helper” in the country.
3 digital currency license applications under review in Serbia
Serbia is among the first nations to regulate the digital currency space, and the digital currency landscape is slowly evolving in the country, according to Finance Minister Sinisa Mali.
Serbia legalizes digital currencies
The law went into effect on December 29, with the government giving the public six months before it starts applying it.