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South Korean Crypto-Boss Do Kwon To Be Extradited To US
Montenegro has approved the extradition of cryptocurrency entrepreneur Do Kwon to the United States over his role in the collapse of TerraUSD and Luna tokens, which wiped out $40 billion from investors and destabilized global crypto markets. The BBC reports: "The Minister of Justice, Bojan Bozovic,...
Montenegro has approved the extradition of cryptocurrency entrepreneur Do Kwon to the United States over his role in the collapse of TerraUSD and Luna tokens, which wiped out $40 billion from investors and destabilized global crypto markets. "It was concluded that the majority of the criteria prescribed by law favor the extradition request from the competent authorities of the United States of America," the statement said. In February, US regulators charged Kwon and his company Terraform Labs with "orchestrating a multi-billion dollar crypto asset securities fraud."
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