Prosecutors investigating Terraform Labs and its chief executive said Serbian authorities will “actively cooperate” in locating the South Korean national known as Do Kwon who is believed to be living in the European country and is wanted on fraud charges, the Seoul Prosecutors’ Office confirmed with Forkast.

Do Kwon, whose full name is Kwon Do-hyung, left his home in Singapore late last year after Interpol issued a “red notice’’ for his apprehension at the request of South Korea. Kwon has denied all the charges, which he has said are politically motivated.

The Seoul office confirmed a team of prosecutors visited Serbia last week and met with local authorities who offered to assist the investigation.

The team included Dan Sung-han, the director for Financial and Securities Crimes under Seoul Southern District Prosecutor’s Office, and Lee Ji-hyung, director of the International Criminal Affairs Division in the Ministry of Justice. The visit was first reported by the local Chosun newspaper.

(By DANNY PARK)