Crypto CEO Do Kwon Arrested in Montenegro for Alleged Crime Ties

1 min read
Source: CoinDesk
Crypto CEO Do Kwon Arrested in Montenegro for Alleged Crime Ties
Photo: CoinDesk
TL;DR

Terra's LUNA tokens fell 8% after reports of founder Do Kwon's alleged arrest in Montenegro surfaced. The country's minister of interior tweeted that the person was suspected to be Do Kwon, and the government is trying to confirm the identity. Traders reacted immediately to the reports, with LUNA falling 10 cents from $1.40 at writing time on Thursday.

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