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Fortune

Marco Quiroz-Gutierrez

Terra founder Do Kwon reportedly arrested in Montenegro

Do Kwon Montenegro Terraform Labs Crypto Filip Adzic Serbia

(Credit: Woohae Cho—Bloomberg via Getty Images)

Terraform Labs CEO Do Kwon reportedly was arrested on Thursday after evading law enforcement following his company's sudden collapse roughly 10 months ago.

Kwon was arrested in Podgorica, the capital of Montenegro, according to a tweet by the country’s minister of interior.

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