Both countries want to try Kwon on criminal charges, including fraud, tied to the $40 billion collapse of the Terra ecosystem in May 2022. After the Terra implosion, Kwon spent months on the lam before eventually being arrested in Montenegro for attempting to use fake Costa Rican travel documents en route to Dubai.

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• Source: https://www.coindesk.com/policy/2024/03/25/do-kwon-released-from-montenegrin-prison-on-bail-terraform-labs-civil-trial-begins-in-nyc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines