In response to an unconfirmed post from Filip Adzic, minister of the inside of Montenegro, a person suspected of being Terra Luna co-founder Do Kwon has been arrested throughout the territory of the Balkan nation on Mar. 23.
“Montenegrin police have detained an individual suspected of being one of the wished fugitives, South Korean citizen Do Kwon, co-founder and CEO of Singapore-based Terraform Labs.”
As informed by Adzic, a person suspected of being the previous “cryptocurrency king” was detained on the Podgorica airport with “falsified paperwork,” and authorities are awaiting official affirmation of identification. Montenegro is geographically south of Serbia and shares borders with the nation. Since Dec. 2022, South Korean prosecutors have alleged that Kwon was hiding in Serbia, the place no extradition settlement exists with South Korea. On Sept. 26, 2022, an Interpol purple discover was issued for the arrest of Kwon for his alleged position within the collapse of the $40 billion Terra Luna (LUNC) and Terra USD (USTC) ecosystem in Could 2022.
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