Do Kwon Out of Jail, But Not Out of Trouble: SEC Crackdown Incoming!
Do Kwon, co-founder of Terraform Labs, has been freed from a Montenegro jail amidst a tangle of legal proceedings. This comes after doubts were raised about the extradition treaty’s validity.
Kwon faces extradition requests from both the U.S. and South Korea over alleged involvement in the $40 billion Terra ecosystem collapse in 2022. While released, he is under house arrest, subject to travel bans and passport seizure by the Supreme Court.#WIF $
