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Feb 5, 10:33 am

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Former Terraform Labs CFO Extradited to South Korea

Han Chang-joon, former CFO of Terraform Labs, has been extradited to South Korea after completing his prison sentence in Montenegro. He and co-founder Do Kwon were arrested in March for attempting to travel with fake documents. Chang-joon now faces criminal proceedings that could result in a life sentence in South Korea. The Terra stablecoin ecosystem collapsed by $60 billion in May 2022.

Han Chang-joon, former CFO of Terraform Labs, has been extradited to South Korea after completing his prison sentence in Montenegro. He and co-founder Do Kwon were arrested in March for attempting to travel with fake documents. Chang-joon now faces criminal proceedings that could result in a life sentence in South Korea. The Terra stablecoin ecosystem collapsed by $60 billion in May 2022.

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