The Constitutional Court of Montenegro has rejected an extradition appeal by Terraform Labs co-founder Do Kwon. The decision narrows Kwon’s legal avenues, while the international extradition case could set a precedent for cross-border accountability in the crypto space.
The collapse of Kwon’s crypto ecosystem Terra-Luna in 2022 wiped out $40 billion in market value and sparked regulatory pressures around the world. The US and Korea are charging Kwon with fraud and other financial crimes.
In light of these developments, how do you assess the impact of international cooperation on the crypto space? Share your thoughts in the comments.