In a surprising turn of events, Do Kwon, the enigmatic figure behind Terraform Labs, has reportedly been taken into custody by Montenegrin authorities. This information came to light through a social media post by Filip Adzic, who serves as the interior minister of Montenegro.

According to Adzic's online statement, law enforcement in Montenegro has successfully detained an individual believed to be one of the most sought-after fugitives globally. The suspect, identified as a South Korean national named Do Kwon, is known for his role as the co-founder and chief executive of Terraform Labs, a company based in Singapore.

The minister's post further revealed that the apprehension took place at an airport in Podgorica, where the suspect was found to be in possession of fraudulent documentation. However, Adzic emphasized that they were still awaiting official confirmation of the detainee's identity at the time of the announcement.

It's worth noting that while the social media account from which this information was shared is not officially verified, it is followed by the Government of Montenegro's official account and has been referenced in official communications previously.

In an effort to corroborate this development, journalists have reached out to Montenegrin government officials for additional comments and verification. As this story continues to unfold, the crypto community and beyond eagerly await further details surrounding this high-profile arrest.