PODGORICA (Reuters) – Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the USA, the inside ministry stated.
Kwon, a South Korean nationwide, is the previous CEO of South Korea-based Terraform Labs, the corporate behind the TerraUSD, a “stablecoin” designed to keep up a relentless $1 worth, which collapsed in Could 2022, roiling cryptocurrency markets.
Kwon can be needed by South Korea.