Do Kwon was apprehended by law enforcement in Montenegro in June 2023 after attempting to flee the country with a false passport.
Terraform Labs co-founder Do Kwon’s extradition to the United States has been approved by Montenegrin Minister of Justice Bojan Božović after Montenegro’s Constitutional Court dismissed the former executive’s appeal.
The Ministry of Justice simultaneously rejected the extradition of Kwon to his country of origin, South Korea. According to a translated statement from news outlet Vijesti, Montenegro’s Ministry of Justice wrote:
The decision to extradite Kwon to the United States follows a lengthy legal battle that took several turns, in which the decision to extradite the Terraform Labs founder was reversed several times.
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