Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition.
Terraform Labs co-founder Do Kwon was handed over to United States law enforcement by authorities in Montenegro after a months-long battle over where he would be extradited.
Montenegrin Prime Minister Milojko Spajić said in a Dec. 31 X post that Kwon was in US custody and would face criminal charges in the case involving the collapse of Terra.
Kwon’s handover to the US occurred four days after the Montenegrin Justice Minister Bojan Božović approved the extradition, rejecting a petition from South Korea, despite Kwon holding citizenship and facing charges there.
