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The Arrest of a Crypto Fugitive

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Episode Description

After his TerraUSD cryptocurrency imploded, Do Kwon became one of the most wanted men in crypto. Last week, after a global manhunt, he was arrested at an airport in Montenegro. WSJ’s Alexander Osipovich tells the story of how Kwon went from being a major crypto player to facing fraud charges in several countries. Further Reading: - Do Kwon Arrested in Montenegro as U.S. Charges Crypto Fugitive With Fraud  - Cutting-Edge Crypto Coins Tout Stability. Critics Call Them Dangerous.  - Do Kwon’s Crypto Empire Fell in a $40 Billion Crash. He’s Got a New Coin For You.  Further Listening: - The ‘Death Spiral’ of a Stablecoin  Learn more about your ad choices. Visit megaphone.fm/adchoices