Montenegrin police charge crypto founder Do Kwon for forging documents

Montenegrin police charge crypto founder Do Kwon for forging documents

PODGORICA (Reuters) -Montenegrin police on Friday formally charged Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, for forging official documents after arresting him on Podgorica airport.

Do Kwon, a South Korean national, and a second suspect have been held on Thursday while trying to board a flight to Dubai at Podgorica airport.

Police said in a statement they had found forged Costa Rican passports and a separate set of Belgian passports in their luggage during the encounter.

The two suspects have also been charged before a Podgorica court with forging of official documents, it said.

“Pending completion of the (court) proceedings they will be taken to an investigative judge…for further actions according to an international (arrest) warrant,” it said.

It also said that an international warrant had been issued against the two “to ensure…
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