The Prime Minister of Montenegro announced that the extradition process for Do Kwon to the United States has been completed

According to Bloomberg, the Prime Minister of Montenegro, Milojko Spajic, announced on Tuesday that Montenegro has completed the extradition of Do Kwon, co-founder of Terraform Labs, to the United States. Spajic posted on X platform, "This extradition demonstrates our unwavering commitment to international justice and the rule of law Do Kwon is facing lawsuits in both New York and Seoul due to the collapse of the $40 billion TerraUSD stablecoin in 2022. Last year, he was arrested in Montenegro for traveling with a forged passport. In April of this year, Terraform and its founder Do Kwon were found guilty of fraud charges after a civil trial against the US Securities and Exchange Commission (SEC). Terraform has agreed to pay $4.5 billion to reach a settlement with the US Securities and Exchange Commission.