US Pursues Extradition of Terraform Labs CEO Despite Montenegro's Reversal

Despite Montenegrin authorities’ decision to extradite Do-hyung Kwon, the CEO of Terraform Labs, to South Korea, the U.S. government remains committed to bringing him to the United States. This decision is in line with international agreements and Montenegrin law, according to a statement by the U.S. Department of Justice. Kwon faces charges related to the Tera-Luna cryptocurrency scandal, involving fraud accusations by both South Korean and U.S. authorities.

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