Montenegro Set to Extradite Terra Co-Founder Do Kwon to US: Report

Montenegro Set to Extradite Terra Co-Founder Do Kwon to US: Report

The Montenegrin government has agreed to extradite Terra co-founder Do Kwon to the United States. The decision follows an ongoing legal dispute involving the alleged violation of US securities laws. Kwon, a South Korean national, is accused of running an unregistered Initial Coin Offering (ICO) for the Terra project, a stablecoin platform. The case highlights the increasing global scrutiny on cryptocurrency activities and the necessity for regulatory compliance in the sector.

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