Terraform Labs founder Do Kwon will be extradited to South Korea.
South Korea beats the US to Do Kwon extradition as court cites ‘first-come-first-serve’ Do Kwon will be extradited to South Korea at an undisclosed date. Montenegrin Court of Appeal has turned down Do Kwon’s defenders, confirming the High Court’s March 6 decision. Neither the United States nor Kwon can appeal the decision anyfurther. Kwon has been on the radar of authorities from multiple countries since Terra collapsed in mid-2022.
Also Read: LUNC price crash could extend 30% amid oncoming hearing between Terraform Labs and the SEC Montenegrin court confirms Do Kwon’s extradition Local media reports that The Appellate Court of Montenegro has rejected the appeal of defense attorneys for Kwon Do Hyeong, the defendant, confirming the decision that had been made earlier by the High Court in Podgorica. Initially, the High Court had allowed the extradition in proceedings of the citizen of the Republic of South Korea.
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