According to Bankless sources, the co-founder and CEO of Terraform Labs has been detained by Montenegrin police at Podgorica airport with counterfeit documents.
According to the National Police Administration, the individuals who have been arrested are believed to be Do Kwon and his assistant Han, although their identities are still being verified.
Police officials assert that the suspect's name, age, and nationality match those of Do Kwon.
Confirmation of the arrest of Terraform Labs CEO will be possible after fingerprint scans are conducted.
