South Korea Indicates Crypto Fugitive Do Kwon May Be in Europe

Do Kwon

Photographer: Woohae Cho/Bloomberg

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South Korean prosecutors indicated that crypto fugitive Do Kwon may be in Europe and that they are examining alleged evidence of price manipulation of the tokens he created.

The prosecutors’ office said Friday that local reports that officials have obtained chat histories pointing to price manipulation are “not false.” The office used the same phrasing when asked about the veracity of domestic articles placing Kwon somewhere in Europe.