The country to which Terra (LUNA) founder Do Kwon will be extradited has been announced.
He has been detained in Montenegro for about a year. Do Kwon It was at the center of the debate whether he would be extradited to the USA or South Korea.
Do Kwon previously caused a huge decline in the cryptocurrency market. Accusations related to Terra collapse He objected to the request to be extradited to the USA in order to avoid facing charges.
Taking action as a result of long-term evaluations, the Montenegrin court decided that Do Kwon canceled his extradition to the USA.
Court On March 7 at 17.00 CET Do Kwon’s hometown, in his statement on He stated that it was decided to extradite him to South Korea.. Do Kwon is also in his home country, South Korea. fraud And capital market the law of breach by doing is accused.
Developed by Kwon Terra Luna And TerraUSDTerra’s algorithmic stablecoin in May 2022 TOP It collapsed and investors lost billions of dollars.