🚨 Crypto Breaking News: Do Kwon, co-founder of Terraform Labs, is awaiting extradition from Montenegro to the US or South Korea. 🇲🇪

- The Supreme Court of Montenegro has referred Kwon's case to the Attorney General after ruling on the legal defense request.

- Kwon was arrested in Montenegro in 2023 for using fake documents and was sentenced to 4 months in prison.

- The US and South Korea have both met the conditions for Kwon's extradition request to face criminal charges.

📉 Terra collapsed in 2022, leading to a series of bankruptcies of crypto companies such as Celsius, FTX, BlockFi. Kwon and his associates were accused of defrauding investors.

💸 Terraform has filed for bankruptcy protection in the US and its liquidation plan has been approved. Many investors may not get their money back.

🤔 What do you think about the future of Kwon and Terraform? Comment below! 👇