Court in Montenegro Authorizes Do Kwon’s Extradition

Published on:

Last Updated on November 24, 2023 by Bitfinsider

The memo states that the US and South Korean governments’ requests were met. The nation’s Minister of Justice will make the ultimate determination over Kwon’s extradition location. The chief of Terraform Labs, who was caught traveling with a forged passport and was given a four-month prison sentence for document forgery, is expected to be extradited.

The justice minister will make the ultimate determination over the extradition country, the court announced on its website on Friday.

Montenegro has been urged by South Korea to send Kwon back to his native country. The United States is also requesting the extradition of the head of Terraform Labs, as he is being charged with fraud by the SEC and the Federal Prosecutor’s Office of New York. Do Kwon is viewed by the authorities in both nations as a con artist who intentionally misled investors.

An entrepreneur was detained by Montenegro police on March 23 as he attempted to board a flight from Podgorica airport to Dubai using forged documents. He entered a not guilty plea in May alongside Han Chang-jung, the former chief financial officer of the business. Kwon was freed from house detention in June after posting a €400,000 ($436,000) bond.


Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.

Related