The global manhunt for Terraform Labs' controversial founder and CEO Do Kwon continues to rage on, with South Korean authorities now believing he's in Serbia after leaving Singapore in September.
According to a Dec. 11 report from Chosun Media, South Korean authorities followed a tip-off concerning Do Kwon's whereabouts suggesting he is now in Serbia and has been able to confirm it.
On Sept. 14, the Seoul Southern District Prosecutor's Office's Financial and Securities Criminal Unit issued an arrest warrant against Kwon for allegedly violating South Korean capital markets laws.
While South Korea has entered into a bilateral extradition treaty with 31 countries, Serbia is not among them.
He's continued to be active on social media over the last few months.
Cointelegraph reached out to representatives for Terraform Labs for comment but did not receive an immediate response.
Source: Cointelegraph