Chai

Montenegro Sentences Crypto Fugitive to Four Months in Jail

Police officers escort South Korean crypto mogul Do Kwon (C) in Podgorica, Montenegro. Photo: EPA-EFE/BORIS PEJOVIC

On March 23, Do Kwon and Han Chang-Joon, a senior executive at Chai, a mobile payment provider, were arrested at Podgorica airport trying to board a private flight to Dubai in the United Arab Emirates with falsified travel documents from Costa Rica.