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Montenegro court says Do Kwon should be extradited to US, WSJ reports

Montenegro court says Do Kwon should be extradited to US, WSJ reports
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Montenegro court says Do Kwon should be extradited to US, WSJ reports

In 2023, Do Kwon and Terraform were charged by the U.S. Securities and Exchange Commission with a multibillion-dollar fraud. The SEC's civil case against Terraform and Kwon stems from the collapse of TerraUSD, a "stablecoin" designed to maintain a constant $1 price, and the more traditional token Luna, which was closely linked to TerraUSD. The SEC said Terraform and Kwon deceived investors about the stability of TerraUSD, and how a popular Korean mobile payment app used the Terraform blockchain to settle transactions.

United statesSouth koreaJed rakoffPritam biswasMaju samuelExchange commissionTerraforms labsWall street journalJudge jed rakoff

Montenegro court says Do Kwon should be extradited to US, WSJ reports

A court in Montenegro on Wednesday ruled that crypto entrepreneur and Terraforms Labs co-founder Do Kwon should be extradited to the United States, rather than to his home country South Korea, to.

United statesSouth koreaMaju samuelJed rakoffPritam biswasExchange commissionTerraforms labsWall street journalJudge jed rakoff

Montenegro court says Do Kwon should be extradited to US, WSJ reports

A court in Montenegro on Wednesday ruled that crypto entrepreneur and Terraforms Labs co-founder Do Kwon should be extradited to the United States, rather than to his home country South Korea, to stand trial on fraud charges, the Wall Street Journal reported.In 2023, Do Kwon and Terraform were charged by

United statesSouth koreaJed rakoffExchange commissionTerraforms labsWall street journalJudge jed rakoff