A popular Crypto founder, Do Kwon, who is the founder of Terraform Labs, has become a topic of discussion after his arrest in Montenegro. Yes, a South Korean citizen, Do Kwon, appears to have been arrested, according to the tweet made by the country’s Interior Minister, Filip Adzic. Now his arrest has gone viral on the internet and everyone is trying to find why he was arrested and what was the reason for his sudden arrest. Due to this, a lot of rumors began to appear on social networks, but here we will share all the details.
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Why was Do Kwon arrested?
A tweet from Filip Adzic reads: “Montenegrin police have arrested a person suspected of being one of the most wanted fugitives, South Korean national Do Kwon, co-founder and CEO of Singapore-based Terraform Labs.” According to official reports, Do Kwon was the subject of several investigations and was even placed on Interpol red alert after the terraUSD (UST) stablecoin and its nearly $40 billion ecosystem blew up last year, sending shockwaves across the board. the entire cryptocurrency market. Now, the suspect in the case was detained at the Podgorica airport with forged documents, Adzic added, saying he is still awaiting official identification confirmation.
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According to a report by the Yonhap news agency, the Korean National Police Agency stated that it has verified that the suspect’s appearance is Kwon based on a verification of the suspect’s age, name and nationality on his ID card.
The official account of Dritan Abazovic, Prime Minister of Montenegro, comes after Adzic’s unconfirmed account. Abazovic’s account also shared the tweet announcing Kwon’s arrest. Official tweets have already referenced Adzic’s account.
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Another Adzic tweet reads: ONE OF THE WORLD’S MOST WANTED FUGITIVES ARRESTED IN PODGORICA Montenegrin police have arrested a person suspected of being one of the world’s most wanted fugitives, South Korean national Do Kwon, co-founder and CEO of Terraform, with headquarters in Singapore. laboratories”. After the tweet was made, many people and social media users started to leave their reactions and several also thanked the government for this move.
One user wrote Congratulations to your leadership! The Korean National Police Agency conveys its sincere appreciation for your support in the arrest of the high-profile fugitives in Montenegro. We look forward to your help in extraditing them to Korea. We assure you of our full cooperation in this matter. Neither the police nor the government share any further updates on this arrest. Stay tuned with us for more details here.
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Source: vtt.edu.vn