US, South Korea Seek Extradition of Crypto Fugitive Do Kwon

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Do Kwon is taken to court in Podgorica, Montengro on March 24.

Source: AFP/Getty Images

The US and South Korea are seeking the extradition of Terraform Labs co-founder Do Kwon, who was taken into custody by authorities in Montenegro.

Montenegro’s justice minister, Marko Kovac, said a judge would decide how to proceed. Do Kwon is wanted by the US over a cryptocurrency fraud that wiped out at least $40 billion in market value.

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