Montenegro has extradited Do Kwon, co-founder of Terraform Labs, to the United States following his arrest for alleged financial fraud and violations linked to the collapse of TerraUSD (UST) and Luna. The stablecoin crash erased billions in market value, triggering legal actions worldwide. Kwon was apprehended in Montenegro while traveling on forged documents. U.S. authorities accuse him of securities fraud, wire fraud, and conspiracy, with potential extradition agreements facilitating this move. His prosecution is a landmark case in holding crypto founders accountable for market manipulations and underlines the international community's tightening grip on cryptocurrency regulations and enforcement.