Montenegro says it extradites Terraform Lab co-founder to US
PODGORICA (Reuters) – Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the USA, the inside ministry stated.
![](data:image/svg+xml;charset=utf-8,<svg height="400px" width="1000px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
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 value, which collapsed in Might 2022, roiling cryptocurrency markets.
Kwon can also be wished by South Korea.
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