Crypto Tycoon Behind $40 Billion Crypto Crash Extradited to US

A New York jury in April had found Do Kwon of South Korea liable for fraud in relation to the 2022 ‘cryptocrash.’
Crypto Tycoon Behind $40 Billion Crypto Crash Extradited to US
Montenegrin police officers escort Terraform Labs founder Do Kwon of South Korea in Montenegro's capital Podgorica on March 23, 2024. AP Photo/Risto Bozovic, File
Bill Pan
Updated:
0:00

Do Kwon, a South Korean entrepreneur accused of orchestrating a cryptocurrency crash that wiped out $40 billion in investor funds, has been extradited to the United States from Montenegro.

A New York jury had found him guilty of fraud in April.

Bill Pan
Bill Pan
Reporter
Bill Pan is an Epoch Times reporter covering education issues and New York news.