Do Kwon, the co-founder of Terraform Labs, was arrested in Montenegro while traveling under a false name with fake documents|Cryptologos|CC BY-SA 4.0

US prosecutors arrested and charged fugitive cryptocurrency boss Do Kown, co-founder of Terraform Labs, with fraud. Kwon is behind the $40 billion collapse of TessaUSD and Luna tokens.

After an international search that lasted months, he was arrested in Montenegro while traveling under a false name with fake Costa Rican documents. Kwon’s identity was confirmed through a fingerprint match.