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Mr Kwon's Singapore-based company Terraform, along with its cryptocurrencies, collapsed spectacularly in May 2022.
Source: https://www.bbc.co.uk/news/technology-65058533?at_medium=RSS&at_campaign=KARANGA
South Korea's National Police Agency said it would collaborate with Montenegro as they seek Kwon's extradition.
Source: https://timesofmalta.com/articles/view/crypto-fugitive-kwon-arrested-charged-montenegro.1021381