Reading Time: 2 min Do Kwon, co-founder of the Terra network and a prominent figure in the cryptocurrency industry, has been arrested in Montenegro months after the collapse of TerraUSD, a stablecoin project he was involved in. The collapse led to losses of around $40 billion for investors, and Kwon had been on the run since then. His arrest has sent shockwaves through the industry and raised questions about the regulation of stablecoins and the wider cryptocurrency industry.