Co-Founder of Terraform Labs Faces Extradition: Approval from Montenegro Court

By: Eva Baxter

The ongoing story of Terraform Labs co-founder Do Kwon has taken a new turn. A court in Montenegro has given its approval for his extradition to either the United States or South Korea. The final decision rests with Montenegro's Minister of Justice.

The High Court of Podgorica confirmed that all legal requirements for Kwon's extradition have been met. This crucial piece of information was communicated through an official statement posted on the court's website recently.

Prior to this development, Kwon had been sentenced to four months in jail by a Montenegrin court after being found guilty of using a false Costa Rican passport. This is a developing story and more information will be provided as it surfaces.