Terraform Labs co-founder Do Kwon has been arrested in Montenegro.

followpostMontenegro’s Interior Minister Filip Adzic said the person suspected of being Do Kwon, the co-founder of Terra, had been arrested within Balkan territory on March 23, since it was first announced. by local news agency Vijesti confirmthat the announced Twitter account is from the Minister of the Interior of Montenegro And the person arrested is South Korean.

on the same day South Korean local news agency Yonhap News Agency said the authoritiesconfirmcan be obtained from “photo data” including name, nationality, and age of the identity card that The person arrested was the same person as Terraform Labs CEO Do Kwon, with Han Mo, a former assistant blockchain executive, arrested along with him in Podgorica.

However, South Korea’s National Police Agency said it was still waiting for “fingerprint data” from Montenegro authorities to fully determine whether the The people arrested were actually the couple, who South Korean prosecutors previously revoked Kwon’s passport in October 2022.

“Montenegrin police have detained a person suspected of being Do Kwon, one of the most wanted fugitives. Co-Founder and CEO of Terraform Labs in Singapore.”

Do Kwon was detained at Podgorica Airport after a “fake document” was used and officials are awaiting official identification.

Montenegro is located in the south of Serbia and shares a border with Serbia. Back in December 2022, South Korean prosecutors accused Kwon of hiding in Serbia. which does not have an extradition agreement with South Korea

Montenegro reportedly does not have an extradition agreement with Singapore or South Korea. However, it does have an old extradition treaty with the United States. and has complied with extradition requests for US citizens in the past, and the country also communicates with Interpol on extradition matters. But it is unclear if Do Kwon is a US citizen. or permanent resident or crimes against US citizens in potential extradition proceedings

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