South Korean authorities are searching for the extradition of Terraform Labs co-founder and former CEO, Do Kwon. Prosecuting legal professional believes his repatriation would greatest serve victims of TerraUSD (USTC) and LUNA token crashes, The Wall Road Journal reported.

South Korea is the place a lot of the crimes Kwon is accused of befell, in accordance with Dan Sung-han, head of South Korean prosecutors investigating the crash of the 2 cryptocurrencies, which erased virtually 40 billion {dollars} of the ecosystem.

Proceed studying on Coin Telegraph