Do Kwon Faces Possible 40-Year Sentence as Prosecutors Seek Extradition to South Korea
1 min read
Authorities in South Korea and the United States are vying to extradite Do Kwon, founder of Terraform Labs, after his arrest in March. Kwon was apprehended by Montenegrin police as he attempted to flee to Dubai using fake travel documents. Both South Korean and U.S. authorities want to prosecute Kwon for fraud charges relating to the LUNA and UST tokens, which were designed by Kwon and other employees of Terraform