Montenegro Court Approves Extradition of Crypto Chief Do Kwon

A court in Montenegro has cleared Do Kwon, the co-founder of Terraform Labs, a blockchain firm, for extradition. Kwon was arrested in Montenegro in May 2021 on charges related to a cryptocurrency project called "Mirror Protocol." The court's decision paves the way for Kwon to be extradited to the United States, where he is facing charges of conspiracy to commit wire fraud and conspiracy to commit securities fraud.