Embattled Terraform Labs co-founder Do Kwon is set to be extradited to South Korea following the failed extradition bid to the United States.
New Update In Do Kwon’s Extradition Move
According to a recent report, Do Kwon’s South Korean extradition was ordered by a High Court in Podgorica. Per the ruling, the Judge reverses the previous motion of another court in Montenegro that Kwon be extradited to the U.S.
Kwon’s hearing was initially scheduled for January 29 but was later postponed to this month due to uncertainty about his presence. It was believed that the delay would enable the authorities to extradite the fallen “crypto king” from Montenegro. The SEC proposed April 15 as a new trial date to accommodate scheduling conflicts but Kwon’s lawyer did not want any delay later than March 18.
Extraditions remain a major hurdle that the executives of Terraform Labs have had to navigate recently. Besides Do Kwon, Han Chang-joon, the former financial officer of the beleaguered
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