🎉Do Kwon, Terraform Labs co-founder, is set to be released from Spuž prison in Montenegro, but will remain in the country under court orders🏛️. This follows the collapse of Terraform Labs' cryptocurrencies, Terra and Luna, in May 2022, which erased over $40 billion in market value💸.

🌐Kwon's legal proceedings have attracted international attention, with Montenegro prosecutors preferring his extradition to the US🇺🇸. The arrest highlights the risks and regulatory challenges within the crypto sector, as well as international efforts to address legal issues surrounding Terraform Labs' case🔍.