Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea

• Montenegro’s justice minister will decide on Do Kwon’s extradition.
• Do Kwon is serving a four-month prison term in the country for document forgery.
• A Montenegro court said requirements for Do Kwon’s extradition to the U.S. or South Korea have been met.

Troubled Terraform Labs (TFL) founder Do Kwon’s extradition to either South Korea or the United States has been approved by a Montenegro court. The court located in Podgorica decided that the extradition requirement had been satisfied.

According to updates posted on the judiciary’s website, the Montenegrin Justice Minister will make the final decision on extradition. However, Do Kwon will still complete his prison sentence in Montenegro.

Earlier this year, the crypto founder was arrested at Podgorica’s airport with falsified documents in an attempt to flee the country. Following his arrest, Do Kwon was given a four-month sentence for document forgery.

Outside the Southeastern European country, Do Kwon is wanted by prosecutors in the U.S. and South Korea. Notably, the founder faces charges on multiple allegations in regard to the TerraUSD collapse.

In the U.S., Kwon faces multiple counts …

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