South Korean police have announced that well-known crypto scammer Do Kwon was arrested in Montenegro. Kwon is known as the fugitive crypto boss behind the $40bn collapse of terraUSD and Luna tokens. He was charged with fraud in the US and has been accused by US regulators of orchestrating a multi-billion dollar crypto asset securities fraud through Terraform Labs.
Montenegro's interior minister revealed that Kwon was allegedly using a false name and fake documents. Montenegro has no extradition treaties with the US or South Korea.
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