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Terraform Labs co-founder Do Kwon is being extradited to the US to face fraud charges related to the collapse of the US Terra stablecoin. This decision by the Montenegrin court overrules South Korea's request for his extradition.
Key points:
Kwon was arrested in March 2023 in Montenegro for using a fake passport.
He initially agreed to extradition to South Korea, but faced US charges as well.
After serving a 4-month sentence in Montenegro, he faces trial in the US in late March.
Other news:
Starknet launched its STRK token, facing criticism for airdrop practices.
Reddit's IPO filing reveals investments in Bitcoin and Ether.
High-yield DeFi platform Ethena raises questions about its sustainability.
Circle ends USDC minting on TRON blockchain due to regulatory concerns.
Crypto airdrops lead to "spam farming" on GitHub.
Pudgy Penguins briefly surpass Bored Apes in NFT market value.
Crypto exchange FixedFloat suffers $26.1 million hack.
Virginia launches a Blockchain Commission with a modest budget.

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