Do Kwon, the Co-Founder of Terraform Labs, Establishes New Company in Serbia After Interpol Red Notice

03/28/2023 06:22 • Daily Digest • 63 views

According to reports from the Serbian Commercial Registry, a few weeks after receiving a red wanted warrant from Interpol, Do Kwon, the co founder of Terraform Labs, established a company in Serbia called “Codokoj22 d.o.Beograd” for less than $1. Its main business activities are listed as advisory services. （Cointelegraph）

Do Kwon once spent less than $1 to set up a company in Serbia

In a surprising turn of events, Do Kwon, the co-founder of Terraform Labs, has established a new company in Serbia called “Codokoj22 d.o.Beograd”. This comes just weeks after he received a red notice from Interpol. The company’s main activities are listed as advisory services and it was established for less than $1. In this article, we’ll examine the details of this development and what it could mean for the world of cryptocurrency.

Who is Do Kwon?

Before we dive in, let’s take a moment to understand who Do Kwon is. He is the co-founder of Terraform Labs, a company that is dedicated to creating a fully decentralized payment system for the world. Terraform Labs has created a cryptocurrency called Luna and has been making waves in the industry with its innovative solutions.

What is an Interpol Red Notice?

An Interpol Red Notice is a global alert that is issued by Interpol to seek the location and arrest of a wanted person. It is used to notify law enforcement agencies around the world about individuals who have been sought for arrest or extradition. It’s a serious matter, and being the recipient of a red notice can have serious implications.

Establishment of Codokoj22 d.o.Beograd

According to reports from the Serbian Commercial Registry, Do Kwon established a new company in Serbia called “Codokoj22 d.o.Beograd” for less than $1. Its main business activities are listed as advisory services. It’s unclear at this time what exactly the company will be doing and what advice it will be providing.

What Does this Mean for Crypto?

The establishment of a new company by Do Kwon, just weeks after being issued an Interpol Red Notice, has raised eyebrows in the world of cryptocurrency. Some are questioning the timing and the purpose behind the establishment of Codokoj22 d.o.Beograd. Could this be a way for Do Kwon to get around the restrictions imposed by the red notice or is it simply a coincidence?

The Importance of Compliance

This development underscores the importance of compliance in the world of cryptocurrency. As the industry grows and becomes more mainstream, regulators and law enforcement agencies are paying closer attention. It’s important for companies and individuals to adhere to regulations and ensure that they are not violating any laws.

Conclusion

The establishment of Codokoj22 d.o.Beograd by Do Kwon has certainly raised questions in the world of cryptocurrency. While we don’t know the exact motivations behind this move, it highlights the importance of compliance and following regulations. As the industry continues to evolve, it’s important for all players to be transparent and accountable.

FAQs:

1. What is a red notice from Interpol?
A red notice is a global alert that is issued by Interpol to seek the location and arrest of a wanted person.
2. What is the significance of the establishment of Codokoj22 d.o.Beograd?
The establishment of a new company by Do Kwon, just weeks after being issued an Interpol Red Notice, has raised eyebrows in the world of cryptocurrency. Some are questioning the timing and the purpose behind the establishment of Codokoj22 d.o.Beograd.
3. Why is compliance important in the world of cryptocurrency?
As the industry grows and becomes more mainstream, regulators and law enforcement agencies are paying closer attention. It’s important for companies and individuals to adhere to regulations and ensure that they are not violating any laws.

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