Montenegro's Constitutional Court has rejected Do Kwon's appeal against extradition, paving the way for his potential transfer to the U.S. or South Korea. Kwon faces charges related to the $40 billion Terraform Labs collapse, which triggered the 2022 crypto winter. His case sets a precedent for cross-border enforcement in crypto crimes. Terraform Labs settled with the SEC for $4.47 billion, with Kwon personally fined over $200 million. Kwon's political ties in Montenegro have raised concerns about influence over the extradition process. #DoKwon #TerraformLabs #Crypto #Extradition #Regulation
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