Former Terraform Labs CFO Han Chang-joon Extradited to South Korea by Montenegro
Summary
Former CFO of Terraform Labs, Han Chang-joon, has been extradited to South Korea by Montenegrin authorities. Han and Terra co-founder Do Kwon were arrested in March 2023 for attempting to travel with falsified documents and sentenced to four months in prison. Both the U.S. and South Korea requested their extradition to face charges related to the collapse of Terraform Labs in May 2022. Han is facing several criminal offenses related to fraud in financial investment services, investments, and the capital market, which could lead to a life sentence in South Korea. A decision on Kwon's extradition is still pending.
