Coinspeaker
Dramatic Twist in Do Kwon’s Extradition Saga: Montenegrin Prosecutors Challenge Court Decision
The legal battle surrounding the extradition of Do Kwon, the co-founder of the now collapsed cryptocurrency company Terraform Labs, has taken a different turn as Montenegrin prosecutors are challenging a court’s decision to extradite him to South Korea, suggesting that the country’s Supreme Court may ultimately change the outcome.
Kwon, a South Korean citizen, has been at the center of a cryptocurrency scandal that has attracted global attention. He was arrested in Montenegro in March 2023 during his travels to Dubai for using fake travel documents and subsequently sentenced to four months in prison. The whole saga started after the crash of TerraUSD and Luna, as well as the loss of over $40 billion in the crypto market in 2022.
Since his arrest, both the United States and South Korea have submitted extradition requests for Kwon, setting the stage for a legal wa
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