Alleged $40 billion crypto fraudster Do Kwon said to be arrested in Montenegro

Do Kwon, the founder of Terraform Labs and creator of the collapsed stablecoin Terra, has been arrested in Montenegro, which was first reported through social media posts by Montenegro Minister of the Interior Filip Adzic on Twitter (where he’s unverified, whether by Twitter Blue or legacy means), and on Facebook (where he is verified, but Facebook’s blue checks have been wrong before).

Yonhap News in Korea reports police are waiting for fingerprint confirmation that the person arrested is actually Do Kwon.

Continue reading…