South Korean cryptocurrency entrepreneur Do Kwon will be extradited to the United States from Montenegro over the collapse of two digital tokens - TerraUSD and Luna tokens. For months, the US and South Korea have been seeking Kwon's extradition,

For months, Seoul and Washington have been seeking the South Korean's extradition for his suspected role in a fraud linked to his company's failure, which wiped out about $40 billion of investors' money and shook global crypto markets. Justice Minister ...

Montenegro has approved the extradition of a South Korean mogul known as “the cryptocurrency king” to the United States, the Balkan country's Justice Ministry said on Friday. Minister Bojan Bozovic has issued a deposition allowing the handover of Do Kwon,

Do Kwon, whose TerraUSD and Luna cryptocurrencies collapsed in a $40 billion crash in 2022, should be extradited to the U.S. rather than his native South Korea, according to a dec

South Korea and the US have squabbled over who will get to prosecute Kwon since the fugitive was arrested in Montenegro last year.

Do Kwon will be handed over to the US for prosecution, the government of Montenegro said, potentially ending a standoff over competing extradition demands by the US and Kwon’s native South Korea. “Most criteria envisaged by the law are in favor of the extradition demands from the institutions of the United States of America,