Terra co-founder arrested in Montenegro | coindesk JAPAN | Coindesk Japan

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Terraform Labs co-founder Do Kwon has been arrested in Montenegro, the country’s Interior Minister Filip Adzic tweeted.

He has been the subject of multiple investigations and an Interpol arrangement in 2022 after the collapse of stablecoin TerraUSD (UST) and its $40 billion ecosystem shocked the cryptocurrency market. Also listed.

Azic said the suspect was detained at Podgorica airport. At the time, he had forged documents and is currently awaiting formal confirmation of his identity.

The South Korean National Police Agency has confirmed that the suspect is Kwon based on the suspect’s age, name and nationality, Yonhap News reported.

|Translation: coindesk JAPAN

|Editing: Takayuki Masuda

|Image: Do Kwon (Terra)

|Original: Do Kwon Arrested in Montenegro: Interior Minister

Terra co-founder arrested in Montenegro | coindesk JAPAN | Coindesk Japan appeared first on Our Bitcoin News.

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