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Do Kwon, the South Korean entrepreneur behind the failed cryptocurrencies TerraUSD and Luna, is set to appear in a Manhattan federal court on Thursday, facing serious criminal fraud charges.  This follows his recent extradition from Montenegro, where he had been detained for over a year after attempting to use falsified travel documents at the country’s […]

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On New Year’s Eve, Montenegro authorities announced that Terraform Labs co-founder Do Kwon was extradited to the United States. The development comes after the Minister of Justice signed the order for his extradition, concluding the prolonged battle between the US and South Korea to bring the crypto entrepreneur to trial. Related Reading: Bitcoin ETFs See […]

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In a decision that concludes a series of prolonged legal proceedings, Montenegro’s Minister of Justice, Bojan Božović, has signed an order for the extradition of Terraform Labs co-founder Do Kwon to the United States. The announcement was confirmed to the Montenegrin daily newspaper Vijesti on Friday, marking the end of months of legal wrangling that […]

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Do Kwon was apprehended by law enforcement in Montenegro in June 2023 after attempting to flee the country with a false passport.

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The Supreme Court of Montenegro has postponed the extradition of Terraform Labs founder Do Kwon to his home country of South Korea, pending a review of the legality of the previous court decisions.  This comes after the Supreme State Prosecutor’s Office (VDT) submitted a request to protect legality on August 2nd, proposing to delay the […]