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Showing posts with the label montenegro

Another suspected high-profile crypto scammer caught in Montenegro

In a case similar to that of accused fraudster Do Kwon, an alleged crypto scammer accused of stealing more than $20 million has been arrested while on the run in Montenegro and now faces an anxious wait to find out if he will be extradited to South Korea or Poland. Polish national Roman Zimian, who is an alleged co-founder of crypto Ponzi scheme Futurenet, was originally arrested in Italy in 2022 but escaped while under house arrest. Police in Montenegro announced his recapture on Sunday, detailing how the accused crypto scammer was apprehended on August 17 in a newly built residential block in the capital Podgorica. Zimian, 51, who was reportedly living under a false identity, has denied all accusations and will appeal his extradition.  Fallout from Do Kwon arrest continues in Montenegro Read more: CHART: Every Do Kwon extradition twist and turn It remains to be seen how swiftly this process will move given that the extradition of disgraced Terra/Luna founder Do Kwon has t...

Terra founder Do Kwon claims to have funded top Montenegro political party

Former fugitive and Terra founder Do Kwon has claimed to have financed Montenegro ’s political party Europe Now, which could lead the new government in upcoming elections this month. The outgoing prime minister has called on prosecutors to investigate the claims . Kwon’s hand-written letter was sent to current prime minister Dritan Abazović, justice minister Marko Kovač, and the Special State Prosecution. According to sources within the government, the man accused of top crypto fraud has known Europe Now’s leader Milojko Spajić since 2018, and claims the pair met in Belgrade several times. During Spajić’s tenure as finance minister, he promoted blockchain development in Montenegro. Last month, he and Ethereum founder Vitalik Buterin (who was granted Montenegrin citizenship in April) pushed for the country to become a blockchain hub. Kwon’s letter has sparked concerns about his ongoing fraud trial. Kwon was arrested attempting to board a private jet in Montenegro back in March w...