Do Kwon To Be Extradited To South Korea After Montenegro Rejects US Bid
Summary
Do Kwon, co-founder of Terraform Labs, faces extradition to South Korea after Montenegrin Court of Appeal rejected US extradition request. Kwon's legal troubles include a $40 billion investor fund loss, civil fraud liability in the US, and imprisonment in Montenegro for attempting to flee. The court prioritized South Korea's request due to existing extradition treaty. Kwon's business partner has already been extradited. The blockchain's native token, Luna Classic, has seen a significant decline in trading value.
