U.S. Will Appeal Do Kwon's Extradition to South Korea: Report
Summary
The U.S. is appealing a Montenegro court's decision to extradite Terraform Labs co-founder Do Kwon to South Korea. The court ruled to extradite Kwon after March 23, but it is unclear if he will appeal. The U.S. and South Korea have been in a legal battle over Kwon's extradition. Kwon has been under scrutiny from global authorities, including Interpol, since Terra collapsed in mid-2022, wiping out billions of dollars of investor funds. Kwon fled to Montenegro where he was arrested for possession of falsified official documents. The U.S. Department of Justice has not yet responded to a request for comment.
