US, South Korea both seek Do Kwon’s extradition to face charges

Do Kwon, the founder of Terraform Labs, which operated the so-called TerraUSD stablecoin and its sister token LUNA, was arrested in Montenegro Thursday morning after months in hiding while trying to board a flight to flee Dubai with falsified documents. 
Thursday night — a few hours after Kwon was arrested at the airport in Podgorica, the capital of Montenegro —  the U.S. prosecutors charged Kwon with eight criminal indictments, including securities fraud and conspiracy, for his alleged roles in what wiped out about $40 billion from the crypto market. Interpol also confirmed Thursd

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