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Tag: Decide

Montenegro Courts Decide: Terraform Labs' Do Kwon Faces Extradition to South Korea

Montenegro Courts Decide: Terraform Labs' Do Kwon Faces Extradition to South Korea

In a significant development, a court in Montenegro has decided to extradite Do Kwon to South Korea, taking a pivotal turn in the international legal drama surrounding the cryptocurrency entrepreneur This decision underscores the complexity and global nature of regulatory and legal actions in the cryptocurrency space **Do Kwon Extradited to his Native South Korea** US and South Korean authorities have been ardently pursuing Do Kwon, the former CEO and co-founder of the now-infamous Terraform Labs, seeking his extradition for his alleged role in one of the most dramatic downfalls in the cryptocurrency world The collapse of Terraform Labs and its associated digital assets, purportedly involving around $40 billion, has marked a significant moment in the crypto industry, embodying the high stakes and volatility inherent in this digital financial arena Do Kwon's arrest alongside his colleague Chang Joon at Podgorica airport, as they purportedly attempted to depart for Dubai using fraudulent passports, highlights the international ramifications of cryptocurrency-related legal issues...

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