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Montenegro extradites Terraform Labs co-founder to US

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Montenegro has extradited Terraform Labs co-founder Do Kwon to the United States.

Kwon is facing U.S. charges of deceiving investors about the stability of the TerraUSD cryptocurrency, according to Reuters.

Kwon, who denies wrongdoing, served as CEO of South Korea-based Terraform Labs, whose TerraUSD collapsed in 2022.

Read more from Reuters.

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