#SouthKoreaCryptoPolicy

The South Korean entrepreneur in the field of cryptocurrency, Do Kwon, will be extradited to the United States from Montenegro in connection with the collapse of two digital currencies - TerraUSD and Luna.

For months, the United States and South Korea have been seeking Kwon's extradition, alleging that fraud led to the bankruptcy of the company behind these currencies, resulting in a loss of approximately $40 billion (£31.7 billion) for investors and shaking global cryptocurrency markets.