Terra co-founder Do Kwon fled to Serbia — Reports

Hanno Labuschagne

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Terra co-founder Do Kwon fled to Serbia — Reports

Serbia has emerged as a likely location for crypto fugitive Do Kwon, the fallen 31-year-old entrepreneur facing charges in his native South Korea over the $60 billion wipeout of digital assets that he created.

The prosecutors’ office in Seoul said Monday reports placing the progenitor of the collapsed TerraUSD and Luna tokens in the landlocked Balkan nation “aren’t false.”

[Bloomberg]
 
Makes sense


Liberland​


Liberland, also known as the Free Republic of Liberland, is a micronation in Southeast Europe claiming an uninhabited parcel of disputed land on the western bank of the Danube, between Croatia and Serbia. It was proclaimed on 13 April 2015 by the Czech right-libertarian politician and activist Vít Jedlička. Wikipedia

 
You think FIAT isn't?
I'm sure it is to a point. I see it this way. With fiat, you have an nth degree parameter space for scams and manipulations. With crypto, you have an mth degree parameter space for scams and manipulations.

m >> n
 
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