Thursday, February 29, 2024

Where is Do Kwon?

       You know: Do Kwon, the Stanford University student who founded TerraForm Labs, a cryptocoin company that collapsed along with Sam Bankman-Fried's little crypto currency project. Mr. Kwon is in jail in: Montenegro, that European country in southern Europe near Greece. He was arrested there as he tried to evade police who had a warrant outstanding for his immediate arrest. The US Securities office has filed charges against him and his operation charging fraud, among others.

     Mr. Kwon was holding 3 different passports, two were fakes. He was hoping to get away without going back to face the music in the US. Did Mr. Kwon take any ethics classes while down on the Farm? Did he hang out with other brilliant undergrads at Stanford? Did he dine with Sam Bankman-Fried? Did he he go to Peets coffee on University Ave. and hobnob with like-minded techies? We won't know until his trial, which is slated to begin soon. He may not attend initially as the extradition proceedings take a bit longer. His lawyer, Mr. Patton, says he will not delay the proceeding by asking for an extension.  Mr. Kwon claims he has nothing wrong. Hmmmmm. Can we feel his pain? No.

Have a nice day.

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