Summary: Montenegro has extradited Do Kwon, the Co-Founder and former CEO of Terraform Labs, to the United States to face fraud charges. Kwon was responsible for the collapse of TerraUSD, a stablecoin, causing massive volatility in the cryptocurrency market and resulting in the loss of nearly $40 billion. Montenegro's Minister of Justice signed the extradition order after a review by the country's Supreme Court, prioritizing the US request over South Korea's. The decision was complicated by the lack of a direct extradition treaty between Montenegro and either country.



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