The Prime Minister of Montenegro announced that the extradition procedures for Terraform Labs co-founder Do Kwon have been completed and he will be sent to the United States to face legal sanctions. 💼

The founder, who has attracted much attention due to the collapse of TerraUSD, was arrested in Montenegro last year for using a fake passport. As the extradition proceeds, the international community has once again sparked heated discussions on legal regulation in the blockchain field.

What impact do you think this will have on the algorithmic stablecoin market? Feel free to share your thoughts in the comments section!