Perhaps this time it is the final decision that Terra Luna founder Do Kwon should be extradited to the US.
After a year of ongoing court decisions and disputes in Montenegro, it has been decided that the South Korean cryptocurrency developer will go to the United States. Recall that Do Kwon was arrested in Montenegro in March last year.
In a drawn-out and contentious process, Montenegro's Supreme Court ruled that both South Korea and the United States had met the legal conditions for extradition. Montenegro, however, formally rejected South Korea's extradition request in favor of the United States.
Factors such as his criminal activity, location of the crime, nationality and the order of extradition requests played a decisive role, according to the Justice Department.
The TerraUSD and Luna crash in May 2022 wiped $40 billion from the crypto market, followed by the collapse of many companies and a series of bankruptcies. As a result, Do Kwon was blamed for lying to investors and hiding huge amounts of money.
