After series of back and forths, Terraform Labs co-founder Do Kwon will finally be extradited to the United States. According to a report from local media platform Vijesti, the Montenegrin Justice Minister Bojan Bozovic signed the extradition orders, potentially ending the uncertainty that has trailed the case since 2022. In the United States, he will face fraud charges for his role in the collase of LUNA and UST tokens.
The Do Kwon Extradition: No More Confusion
The decision to sign off on the extradition orders of Do Kwon came after the Constitutional Court of Montenegro rejected the embattled enterpreneur’s appeal in that regard.. Notably, different countries were after him for the collapse of the tokens which saw over $40 billion wiped off from the crypto industry.
According to announcement from the ministry, it took into account the Supreme Court’s ruling and it considered all the factors and circumstances around the case.
This is a developing story, please check back for more!!!
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
✓ Share: