Montenegro court clears path for Do Kwon’s extradition to US or South Korea
Summary
Terraform Labs founder Do Kwon might be extradited to either the United States or South Korea. He is currently serving a four-month sentence in Montenegro for traveling with false documents. Previously, Kwon had consented to extradition to South Korea, but the decision was based on international law. His extradition has legal support due to his alleged involvement in the downfall of the algorithmic stablecoin UST, leading to criminal proceedings in both countries. Meanwhile, Terraform Labs co-founder Daniel Shin is facing a fraud trial in Seoul, but he denies any involvement in the company's collapse.
