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Terraform co-founder Do Kwon is hiding in Serbia, according to South Korean authorities. Believing that Terraform Labs co-founder and CEO Do Kwon is hiding in Serbia, South Korean authorities sought cooperation with the Serbian government to bring Kwon back to South Korea and face charges.

Cathie Wood, the founder and CEO of Ark Invest, stated at the SALT conference organized by hedge fund SkyBridge Capital  that she expects Bitcoin will reach “over $500,000.”