Crypto Mogul Do Kwon to Be Extradited to US, Montenegro Says
Do Kwon in Seoul in 2022.
Photographer: Woohae Cho/BloombergThis article is for subscribers only.
Terraform Labs Pte. co-founder Do Kwon will be handed over to the US for prosecution, the government of Montenegro said, potentially ending a standoff over competing extradition demands by the US and Kwon’s native South Korea.
“Most criteria envisaged by the law are in favor of the extradition demands from the institutions of the United States of America,” the Montenegro’s Justice Ministry said in statement posted on its website. It said Minister Bojan Bozovic made the decision on Friday, without specifying when the handover may take place.