May 24, 2024

Fact Check: Do Kwon arrested in Montenegro

announcement by the interior minister of Montenegro about the alleged arrest of Do Kwon

Fact Check: Do Kwon was arrested in Montenegro

Altough unverified, the Founder of the Terra Labs Do Kwon has been detained at the Podgorica Airport in Montenegro, The Interior Minister of Montenegro announces on Twitter.

The Minister said in a a tweet posted today :

ONE OF THE WORLD’S MOST WANTED FUGITIVES WAS ARRESTED IN PODGORICA

Montenegrin police have detained a person suspected of being one of the most wanted fugitives, South Korean citizen Do Kwon, co-founder and CEO of Singapore-based Terraform Labs.

The former “cryptocurrency king”, who is behind losses of more than 40 billion dollars, was detained at the Podgorica airport with falsified documents, and South Korea, the USA and Singapore are demanding the same.

We are waiting for official confirmation of identity.

As his remarks indicate, the minister is not quite sure about the identity of the detained person. He did not share any update afterwards to make clear whether the detained person is Do Kwon or not .

It might also be a mix-up situation.

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