Crypto Businessman Arrested
March 24, 2023
Interpol announced the arrest of Do Kwon, the founder of two cryptocurrencies, TerraUSD and Luna. The 31-year-old and a second suspect were stopped at a Montenegro airport attempting to board a plane for Dubai. Police said they had found forged Costa Rican and Belgian passports in their luggage. TerraUSD and Luna cryptocurrencies both crashed in May 2022. Their demise caused a market drop of about $40 Billion in a matter of days.