Topic - Terraform Labs

Terra is a blockchain protocol and payment platform used for algorithmic stablecoins. The project was created in 2018 by Terraform Labs, a startup co-founded by Do Kwon and Daniel Shin. It is most known for its Terra stablecoin and the associated Luna reserve asset cryptocurrency. - Source: Wikipedia

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FILE - Montenegrin police officers escort South Korean citizen, Terraform Labs founder Do Kwon in Montenegro's capital Podgorica, March 24, 2023. A court in Montenegro has ruled that Do Kwon should be extradited to the United States to face fraud charges rather than to his native South Korea, a court official in the Balkan Country said Thursday Feb. 22, 2024. Do Kwon, 32, was arrested nearly a year ago in Montenegro on an international arrest warrant in connection with a $40 billion crash of Terraform Labs' cryptocurrency, which devastated retail investors around the world. (AP Photo/Risto Bozovic, File)

Montenegro appeals court overturns a decision to extradite Terraform Labs founder to the U.S.

By Predrag Milic - Associated Press