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Montenegro says it extradites Terraform Lab co-founder to US By Reuters

by Tradinghow
December 31, 2024
in Forex News
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Montenegro says it extradites Terraform Lab co-founder to US By Reuters
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PODGORICA (Reuters) – Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, the interior ministry said.

Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company behind the TerraUSD, a “stablecoin” designed to maintain a constant $1 price, which collapsed in May 2022, roiling cryptocurrency markets.

Kwon is also wanted by South Korea.





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