Montenegro has approved the extradition of Terraform Labs co-founder Do Kwon to the US, where he faces fraud charges tied to the $40B collapse of TerraUSD in 2022. The decision resolves a standoff between US and South Korean extradition requests. Kwon, arrested in 2023 for using fake passports, will now face trial in the US, similar to FTX’s Sam Bankman-Fried. Terraform Labs settled with the SEC for $4.47B in June 2024. 🚨 #DoKwon #TerraUSD #Crypto #Extradition #SEC