Interior Minister Reports Arrest of Terraform Labs Co-Founder Do Kwon in Montenegro
On August 18, 2021, the Interior Minister of Montenegro announced the arrest of Do Kwon, the co-founder of Terraform Labs, a blockchain technology company. Kwon was apprehended on charges of money laundering and organized crime, according to the statement released by the ministry.Terraform Labs is a blockchain technology company that operates the Cosmos Network, which is a decentralized network of independent blockchains. The company's mission is to create an open and transparent financial system that is accessible to everyone. Kwon, who is a South Korean national, co-founded the company in