Montenegro deports former Terraform Labs CFO to South Korea amid fraud allegations
Summary
Montenegro deported Han Chang-Joon, former Terraform Labs financial officer, to South Korea for financial investment fraud. Co-founder Daniel Shin faces similar charges in Seoul. Terraform Labs filed for bankruptcy protection in the U.S. Do Kwon, the founder, and Han were apprehended in Montenegro for using forged passports. Kwon faces fraud charges in the U.S. and South Korea related to the collapse of TerraUSD stablecoin. Montenegro's court signaled Kwon's potential extradition to the U.S. or South Korea, with Kwon requesting a trial delay until mid-March.
