{"id":19580,"date":"2023-03-23T14:12:29","date_gmt":"2023-03-23T14:12:29","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/03\/23\/terra-ceo-do-kwon-arrested-in-montenegro-airport\/"},"modified":"2023-03-23T14:12:30","modified_gmt":"2023-03-23T14:12:30","slug":"terra-ceo-do-kwon-arrested-in-montenegro-airport","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/03\/23\/terra-ceo-do-kwon-arrested-in-montenegro-airport\/","title":{"rendered":"Terra CEO Do Kwon Arrested In Montenegro Airport"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/terra-ceo-do-kwon-arrested-in-montenegro-airport\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Do Kwon, the chief government officer of Terraform Labs, was lastly arrested on Thursday in Podgorica, Montenegro. Referring to Kwon as most needed fugitives and South Korea National, the Montenegrin police stated they detained somebody who&#8217;s suspected because the Terraform Labs CEO. Authorities in varied jurisdictions internationally have been on the look out for Kwon over the previous few months. The Terra community collapse in mid-2022 led to an enormous lack of investor cash because the ripple impact unfold widespread within the <a href=\"https:\/\/coingape.com\/markets\/\" target=\"_blank\" rel=\"noopener\">crypto market<\/a>.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/jack-dorsey-block-sq-share-price-crash-hindenburg-report\/\" target=\"_blank\" rel=\"noopener\"><strong>Jack Dorsey\u2019s Block (SQ) Crashes 20% As Hindenburg Report Accuses Of Fraud<\/strong><\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<h2>Do Kwon Arrest<\/h2>\n<p>According to a <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/filip_adzic\/status\/1638886164118802432\" target=\"_blank\">statement<\/a> by the Interior Minister of Montenegro, Kwon was detained on the Podgorica airport. A translation of the minister\u2019s assertion stated,<\/p>\n<blockquote>\n<p>\u201cMontenegrin 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.\u201d<\/p>\n<\/blockquote>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>It could also be recalled that the Terraform Labs CEO final yr stated he was not \u201con the run.\u201d He made the feedback in September 2022 in response to studies that stated in any other case. Kwon stated on the time that he was in full cooperation with the federal government companies.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"quads-location quads-ad124348 \" id=\"quads-ad124348\" style=\"float:none;text-align:center;padding:0px 0 0px 0;\">\n<div class=\"ad-container-layout\">\n<div class=\"ad-container\">\n        <a href=\"https:\/\/bit.ly\/3JbHb8M\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n          <img decoding=\"async\" alt=\"bitget-images\" class=\"ad-image\" style=\"&#10;    width: 95%;&#10;\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" alt=\"bitget-images\" class=\"ad-image\" style=\"&#10;    width: 95%;&#10;\"\/><\/noscript><br \/>\n        <\/a><\/p><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"textAds mt-3 position-relative mb-3 border rounded p-2\">\n<a href=\"http:\/\/bit.ly\/3kCtW8T\" target=\"_blank\" class=\"d-flex text-decoration-none\" rel=\"nofollow noopener\">\n\n\n<div class=\"imgAds\"><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" \/><noscript><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" \/><\/noscript><\/div>\n\n\n\n\n<div class=\"TextadTxt pl-3 pr-5\">Bitget is a Leading Derivatives Trading Platform - 24\/7 online support. One-Click Copy Trading. Industry-leading Security. Sign up & Trade Digital Asset!<\/div>\n\n\n<i class=\"iconsads position-absolute left-50 top-2\"><\/i>\n<\/a>\n<\/div>\n\n -->\n<\/div>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/crypto-insider-another-270-bitcoin-price-rally-possible-in-2023-with-new-ath\/\" target=\"_blank\" rel=\"noopener\"><strong>Crypto Insider: Another 270% Bitcoin Price Rally Possible in 2023 With New ATH<\/strong><\/a><\/p>\n<h2>SEC Action On Kwon<\/h2>\n<p>In February 2023, the U.S. Securities and Exchange Commission (SEC) <a href=\"https:\/\/coingape.com\/sec-slaps-lawsuit-on-terra-luna-creator-do-kwon\/\" target=\"_blank\" rel=\"noopener\">filed<\/a> with a U.S. federal court docket in Manhattan accusing the Terra LUNA creator of \u201cof orchestrating a $40 billion securities fraud involving LUNA and Terra\u2019s algorithmic stablecoin TerraUSD (UST).\u201d SEC Chair Gary Gensler stated that Kwon failed to offer buyers with full data for \u2018crypto asset securities\u2019 LUNA and Terra USD. Gensler added that Terraform and Kwon dedicated fraud by repeating false and deceptive statements earlier than inflicting devastating losses for buyers.<\/p>\n<p>Meanwhile, the Terra LUNA worth fell sharply in response to the information of Do Kwon arrest.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"quads-location quads-ad86313 \" id=\"quads-ad86313\" style=\"float:none;text-align:center;padding:0px 0 0px 0;\">\n <!--  --><\/p>\n<div class=\"ad-container-layout\">\n<div class=\"ad-container\">\n        <a href=\"https:\/\/bit.ly\/3JbHb8M\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n          <img decoding=\"async\" alt=\"bitget-images\" class=\"ad-image\" style=\"&#10;    width: 95%;&#10;\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" alt=\"bitget-images\" class=\"ad-image\" style=\"&#10;    width: 95%;&#10;\"\/><\/noscript><br \/>\n        <\/a><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA143207\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<div class=\"authodes\">\n<p>Anvesh studies main developments round crypto adoption and buying and selling alternatives. Having been related to the trade since 2016, he&#8217;s now a powerful advocate of decentralized applied sciences. Anvesh is at the moment primarily based in India. Reach out to him at <a href=\"https:\/\/coingape.com\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"6908071f0c1a01290a0600070e08190c470a060447\">[email\u00a0protected]<\/a>                         <\/p><\/div>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD143207\">\n<p>  The introduced content material might embrace the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/terra-ceo-do-kwon-arrested-in-montenegro-airport\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Do Kwon, the chief government officer of Terraform Labs, was lastly arrested on Thursday in Podgorica, Montenegro. Referring to Kwon as most needed fugitives and South Korea National, the Montenegrin police stated they detained somebody who&#8217;s suspected because the Terraform Labs CEO. Authorities in varied jurisdictions internationally have been on the look out for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[6406,1844,44,1368,6405,423],"class_list":["post-19580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-airport","tag-arrested","tag-ceo","tag-kwon","tag-montenegro","tag-terra","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=19580"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19580\/revisions"}],"predecessor-version":[{"id":19581,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19580\/revisions\/19581"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/1946"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=19580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=19580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=19580"}],"curies":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