Coinspeaker
Disgraced Terra Founder Do Kwon Faces Extradition to US
A high-ranking official in Montenegro is considering extraditing Do Kwon to the US to answer criminal charges related to the collapse of his TerraUSD (UST) stablecoin and Luna (LUNA) token, according to The Wall Street Journal’s report on Thursday.
The failures of UST and LUNA, both developed by Kwon, triggered a crisis that had far-reaching implications throughout the crypto industry in 2022, resulting in widespread losses.
Kwon, who has been in Montenegro’s custody for several months, has been caught in the crossfire of conflicting requests from U.S. and South Korean authorities seeking jurisdiction over his case.
The Journal, relying on information from sources familiar with the situation, revealed that Montenegro’s Justice Minister, Andrej Milović, has privately indicated his intention to extradite Kwon to the US to face charges of fraud and securities law violations.
Do Kwon Appeals Against Court Extraditio
We współpracy z: https://www.coinspeaker.com/terra-founder-do-kwon-extradition-us/
