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Do Kwon Fights SEC Extradition Request Over Terra and Luna Stablecoin Collapse
Posted on 09/28/2023
Do Kwon, the founder of Terraform Labs, is currently detained in Montenegro and is opposing a U.S. SEC request for his extradition related to the collapse of stablecoins Terra and Luna. The SEC alleges the company misled investors, leading to a market loss of $60 billion.
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