Montenegro police arrest suspected former CEO of Terraform labs - interior minister

"The person is suspected of being one of the most wanted fugitives, South Korean national Do Kwon, a co-founder and CEO of the Singapore-based Terraform Labs," Filip Adzic, the Montenegrin interior minister wrote on Twitter.South Korean police said a suspect thought to be Do Kwon and another person thought to be an individual named Han Chang-joon had been arrested in Montenegro.

In February, the U.S. Securities and Exchange Commission filed a civil lawsuit against Kwon and Terraform Labs in Manhattan federal court, accusing them of defrauding investors in what the regulator deemed a multibillion-dollar scheme. A police officer who asked not to be named told Reuters that an identification procedure was underway.

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Terraform Labs CEO Do Kwon believed to be arrested in Montenegro, Yonhap saysA person suspected to be Do Kwon, founder of the Terra blockchain that collapsed in spectacular fashion last year, was arrested in Montenegro, Yonhap reported, citing police. So that's why dokwoninu has woken up lol dokwoninueth DoKwon LOL - never been more proud to be from Montenegro That cheesy grin will be gone when he is banged up...in more ways than 1. karma crypto stealing all those poor peoples money. kwon
Source: TheBlock__ - 🏆 464. / 53 Read more »

Terraform Labs Co-Founder Do Kwon Arrested in Montenegro, Says Interior Minister – Bitcoin NewsAccording to Montenegro’s interior minister Filip Adzic, Terraform Labs co-founder Do Kwon was apprehended at Podgorica airport. I knew he was arrested. Who got the bond money! Find out who he was working for I want to see the pics of Kwon in custody.
Source: BTCTN - 🏆 531. / 51 Read more »