According to source of Bankless, Do Kwon is arrested in Montenegro.
UPDATE: According to source by Yonhap, Korean Official Confirms Do Kwon Was Individual Arrested in Montenegro.
According to the police, Kwon’s passport matches the suspect’s in terms of name, age, and place of birth. They also asked that the man’s fingerprints be taken in order to identify him.
Since TerraUSD and Luna investors filed charges against Kwon in May, accusing him of a Ponzi scheme over the loss of billions of won following the crash of both coins, the disgraced businessman has been under investigation for alleged fraud and tax violations.