The International Police (Interpol) has confirmed that Kwon Do-hyeong, commonly called Do Kwon, has been arrested in Montenegro. Do kwon founded a platform that brought stablecoins Luna and TerraUSD to the crypto market. Both coins collapsed in May 2022, resulting in the loss of at least $40 billion from the cryptocurrency market. The resultant panic birthed what came to be referred to as the “crypto winter.”
Interpol’s office in Seoul, South Korea, confirmed that the man being held was Do Kwon after the detainee’s fingerprints were taken and matched to the wanted fugitive’s prints. The announcement was made late last week. Prior to Interpol’s announcement, Filip Adzic, the minister in charge of…
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