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The Defiant 2024-12-27 19:45:05

Montenegro Approves Extradition of Terra's Do Kwon to U.S. After Appeal Rejected

Montenegro Approves Extradition of Terra's Do Kwon to U.S. After Appeal Rejected

Montenegro's Minister of Justice, Bojan Božović, has signed a decision approving the extradition of Terraform Labs co-founder Do Kwon to the United States, following the rejection of his appeal to cancel the extradition. Do Kwon was arrested in Montenegro on March 23, 2023, for using fake documents, and faces fraud charges in the U.S. related to the $40 billion collapse of the Terra Luna cryptocurrency, which caused widespread financial losses. The decision to extradite to the U.S. over South Korea ends a legal battle between the two countries seeking his extradition. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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