Earlier quoted context omitted.
e: misremembered details
I thought Tether was associated with Bitfinex, not Binance.
absolutely, mental slip up
Do Kwon arrested in Montenegro: Interior Minister
81–90 of 296 posts
Re: Do Kwon arrested in Montenegro: Interior Minister
#82Re: Do Kwon arrested in Montenegro: Interior Minister
#83Earlier quoted context omitted.
Yes. Add to your list the seizure of Signature Bank, and this week’s rumors of Operation Choke Point 2.0 focused on keeping commercial banks out of crypto
Boggles the mind that people are actually taking people like Nic Carter and Barney Frank at face value (that latter one is particularly egregious considering he's literally a former director of the bank) when they say that the FDIC seized a bank with $110 billion in holdings solely to target $4 billion in crypto. Believe it or not, the Fed doesn't care enough about crypto to start a regional banking crisis and blow u…
It was shut down by New York, not the FDIC.
Re: Do Kwon arrested in Montenegro: Interior Minister
#84Earlier quoted context omitted.
If he flew from Serbia to Montenegro it would have just been completely dumb, crossing the land border would have been much safer for him. I suspect he was trying to leave for somewhere very far away but his Passport did not fool the airport staff
The question is why he wouldn't cross the land border and then fly from there. Customs is rarely checking passports as thoroughly on the way out as on the way in. The thinking was probably the risk was the same since he was entering the airport anyway, but failed to account for risk of having passport checked in then out instead of just out.
Only thing about a land border between Serbia and Montenegro is that they might get even more suspicious than an airport about WhyTF a random Korean is there.
Re: Do Kwon arrested in Montenegro: Interior Minister
#85Earlier quoted context omitted.
If he flew from Serbia to Montenegro it would have just been completely dumb, crossing the land border would have been much safer for him. I suspect he was trying to leave for somewhere very far away but his Passport did not fool the airport staff
Where very far away? There are fine destinations: Belgrade, Istanbul, Vienna, Manchester, Varna (Bulgaria). I wouldn't say any of them were a particularly smart choice.
> There are fine destinations: Belgrade, Istanbul, Vienna, Manchester, Varna (Bulgaria).
I assume these are the commercial destinations. Is it out of the question that he chartered a flight?
Re: Do Kwon arrested in Montenegro: Interior Minister
#86It's always greed and hubris that does these people in. Who in their right mind would get on an international flight with an Interpol arrest warrant? He could have disappeared off to the countryside and lived in obscurity, but no. He went to Montenegro .
Same people who run these kind of scams are often narcissistic. They are “so smart” they got away with the first crime, they believe they have a magic touch and can get away with anything.
Plus these are not the type of people who would enjoy being disconnected from high society, they need external validation.
Re: Do Kwon arrested in Montenegro: Interior Minister
#87Of course he’d be in Montenegro, a place with so much corruption it’s practically out in the open. Rot in Prison, Do Kwon.
Maybe corrupt, but not corrupt enough to get excluded from entry into NATO.
Re: Do Kwon arrested in Montenegro: Interior Minister
#88Earlier quoted context omitted.
saw this from a couple of days ago - https://www.justice.gov/usao-sdny/pr/bulgarian-woman-charged...
tl;dr they arrested Ignatova's head of compliance for OneCoin I hope this woman has knowledge of the whereabouts of Ignatova. Disgusting that you can get away with running a billion dollar ponzi, and get away with the loot too.
I mean to be fair, if you’re going to do a Ponzi, you better make sure it pays you at least a billion dollars because you are definitely going to (a) be unable to access some probably very large portion of it, and (b) have to go completely off the grid. If your Ponzi pays out like 100k, you’re going straight to jail.
Re: Do Kwon arrested in Montenegro: Interior Minister
#89Wrong country to hide. Montenegro is a Nato member, and a US ally, and will do whatever the US say.
Dritan Abazovic (the prime minister) is himself half Albanian, half Montenegrin, and he is very pro western. You can't hide in pro US countries.
He should have maybe taken a train to Serbia (not a US ally), then a plane to Russia and hide there.
Ps. For some reason criminals think small countries are safe, but capturing criminals like this, that are most wanted by the US, is a huge political win for the small countries, (brownie points with the US) and they will do whatever it takes to get them.
Best countries to hide are larger countries that are not fully US aligned (think Brazil), or US hostile (Russia, etc)
Re: Do Kwon arrested in Montenegro: Interior Minister
#90Earlier quoted context omitted.
He’ll be watching his back in prison, he’s got access to billions of dollars — or, at least, is perceived to. He has wronged a lot of people, too. Also, prison is a one way street: if he stays on the run, and some day things do get to the point where he would feel safer in prison, he could hand himself in. Once he’s in prison, he has no choice left.
The South Korean justice system is notoriously lenient on white-collar crime, and it's exceedingly rare even for violent criminals to be murdered in a Korean prison. The popular perception is that you can spend a couple of years in prison and enjoy your ill-gotten gains for the rest of your life with no further repercussions, provided you've hidden your money well enough. Guess what, the whole point of crypto is that…
> the whole point of crypto is that it's easy to hide.
This couldn't be further from the truth and shows how the majority of people do not understand the benefits that crypto offers.