TerraLuna CEO Do Kwon arrested in Montenegro

Do Kwon, co-founder and CEO of Terraform Labs, has reportedly been arrested by the police in Montenegro.

Quan was stopped at Podgorica airport in possession of “false documents”, according to a tweet by the country’s interior minister, Filip Adfczyk.

do kwon do race ends,

The minister’s Twitter account has not been verified, but local publication Vigesti confirmed the news. In addition, the Prime Minister of Montenegro, Dr. drayton Abazovic follows Adfzic.

In December last year, South Korean officials reported that Kwon was hiding in Serbia. And today he was detained in Montenegro, a neighboring country of Serbia located in South-East Europe.

He has received a Red Notice from Interpol, which means governments are about to “locate and temporarily arrest a person pending extradition, surrender or similar legal action.”

Kwon has been missing since September 2022, but Claimed on Twitter that he was not “on the run”.

He is accused of fraud and is responsible for the collapse of the $40 billion Terraluna ecosystem by governments.

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BeInCrypto has reached out to the company or the person involved in the story for an official statement regarding the recent development, but has yet to hear back.

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