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News in English (USA) / 27.12.2024 / 19:00

Do Kwon, Founder of Terraform Labs, Extradited to the United States

Montenegro has officially approved the extradition of Do Kwon, the co-founder of Terraform Labs, to the United States. Kwon, widely recognized as a key figure in the collapse of the Terra cryptocurrency, faces charges related to the $40 billion crypto crash. After a lengthy legal battle and the rejection of his appeals, the Montenegrin justice minister confirmed that Kwon will be sent to the U.S. to face trial for alleged fraud. This decision follows multiple court rulings affirming the legality of his extradition, marking a significant development in the saga of the disgraced crypto mogul.
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