TERRA FOUNDER DO KWON IN EXTRADITION PROCESS TO THE US ....

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Montenegrin Justice Minister Bojan Bozović has approved the extradition of Terraform Labs founder Do Kwon to the United States. The decision comes after South Korea denied an extradition request.

Do Kwon faces multibillion-dollar fraud charges in connection with the collapse of the TerraUSD and Luna cryptocurrencies in May 2022. The U.S. Securities and Exchange Commission (SEC) had accused Kwon and his company Terraform Labs of a “multibillion-dollar cryptocurrency securities fraud.”