It was stated that Do Kwon, about whom many investigations were opened after the collapse of LUNA, was caught and arrested in Montenegro.
After the news announced by the Minister of Interior of Montenegro, LUNC experienced a decrease of 4%, while LUNA experienced a decrease of 8%.
The statement of Interior Minister Filip Adzic regarding Do Kwon is as follows:
“One of the most wanted fugitives in the world was arrested in Podgorica.
Montenegrin police arrested South Korean citizen Do Kwon, co-founder and CEO of Singapore-based Terraform Labs.
The former “cryptocurrency king”, who is behind the loss of more than $ 40 billion, is detained at the Podgorica airport with false documents, while South Korea, the USA and Singapore demand his extradition.
We are waiting for official authentication. “
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