Montenegro has approved the extradition of Do Kwon, the founder of Singapore crypto firm Terraform Labs, to the U.S. following a legal battle between South Korea and the U.S. over his extradition. Kwon was arrested in Montenegro last year and faces charges of fraud in connection with a $40 billion crash of Terraform Labs’ cryptocurrency. The Justice Ministry cited the latest ruling of Montenegro’s Supreme Court in favor of Kwon’s extradition to the U.S., despite objections from his lawyers.
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