WILL THIS NEWS AFFECT THE MARKET? KWON, WHO IS THOUGHT TO CAUSE THE TERRA & LUNA COLLAPSE, MAY BE EXTRADITED TO THE USA

MONTENEGRO State authorities are planning to extradite Luna's founder Do Kwon to the USA.

Montenegro's top justice official has said privately that he plans to send Do Kwon to the United States instead of South Korea to face criminal charges, according to people familiar with the matter.

Kwon, who has been imprisoned in Montenegro since March 2023, has become the focus of international strife, with both the United States and South Korea demanding his extradition.

Prosecutors in both countries want to prosecute Kwon for fraud and securities law violations in connection with the $40 billion collapse of#Ustcand#Lunacryptocurrencies in May 2022.