Terra tokens, namely Terra (LUNA) and Terra Classic (LUNC), plummeted after reports of Do Kwon's arrest in Montenegro surfaced online on Thursday.

The price of LUNA sank to $1.27, showing an 8% loss over the past 24 hours with the 24-hour low and high of $1.275 and $1.432, respectively.

The price of LUNC also saw a significant drop of 4% over the past 24 hours and was trading down at $0.000123 with the 24-hour low and high prices of $0.0001212 and $0.0001287.

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