South Korean national detained at Podgorica airport with falsified documents, awaits identity confirmation
Filip Adzic, Minister of the Interior of Montenegro, announced today the arrest of an individual suspected to be Do Kwon, the co-founder of Terraform Labs and a key figure in the collapse of the $40 billion Terra Luna (LUNC) and Terra USD (USTC) ecosystem.
The South Korean national was detained at Podgorica airport with falsified documents, and Montenegrin authorities are currently awaiting official confirmation of the suspect’s identity.
Adzic confirmed the arrest in a post on his official Twitter account, stating:
“Montenegrin police have detained a person suspected of being one of the most wanted fugitives, South Korean citizen Do Kwon, co-founder and CEO of Singapore-based Terraform Labs.”
Read the article to find out more about Do Kwon's arrest.