Do Kwonthe creator of UST and Luna, and former CEO of Terraform Labs, has been arrested in Montenegro, according to officials from that country. The businessman, who had been a fugitive since the collapse of his tokens, which led to one of the most important disasters in the world of cryptocurrencies in 2022, was wanted by the South Korean authorities and Interpol.
The news of his arrest spread through a tweet Posted by Filip Adžić, Montenegrin Minister of the Interior. According to the available information, Do Kwon was arrested at the Podgorica airport carrying false documentation.
According to the South Korean news agency yonhap, the national police have managed to identify Do Kwon based on his real ID, age, nationality and available photos. However, they were still awaiting ratification through a scan of her fingerprints.
The information is also reflected in news portals specialized in cryptocurrencies, such as CoinDesk and CoinTelegraph.
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