Terraform Labs co-founder Do Kwon arrested in Montenegro for alleged crime ties.
TL;DR Summary
Do Kwon, the founder of Terraform Labs and a suspect in several investigations, has been arrested in Montenegro, according to the country's minister of interior. Kwon was on Interpol's red notice after the collapse of stablecoin terraUSD and its $40 billion ecosystem last year. He was detained at the Podgorica airport with falsified documents, and the Korean National Police Agency has confirmed his identity based on his ID card.
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- Former crypto CEO Do Kwon reported arrested in Montenegro says country's Minister of Interior MarketWatch
- Montenegro Senior Police Official Arrested for Alleged Crime Ties Balkan Insight
- Terra's LUNA Tokens Fall Steeply on Do Kwon's Alleged Arrest CoinDesk
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