Investing
Prosecutor says Do Kwon’s extradition to South Korea would best serve Terraform Labs’ victims: Report
South Korean authorities are seeking the extradition of the co-founder and former CEO of Terraform Labs, Do Kwon. The prosecutor overseeing the investigation believes his repatriation would best serve the victims of the TerraUSD (USTC) and LUNA token collapses, The Wall Street Journal reported.
South Korea is the place where most of the crimes Kwon is accused of took place, according to Dan Sung-han, leader of the South Korean prosecutors investigating the crash of the two cryptocurrencies, which erased nearly $40 billion from the ecosystem.
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