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A court in Montenegro’s capital, Podgorica, approved Do Kwon, the founder of the Terra ecosystem, extradition to either South Korea or the United States. Montenegro’s Minister of Justice will decide which country Kwon goes to. 

On Friday, a court in Podgorica, the capital city of Montenegro, announced that it approved the extradition of disgraced crypto entrepreneur Do Kwon for extradition. The United States and South Korea are both seeking Kwon’s extradition, and it is now up to the Justice Minister to decide Kwon’s fate. 

Kwon and Associate Found Guilty

Kwon was arrested at an airport in Montenegro in March after attempting to fly to Dubai using falsified travel documents.

Kwon was arrested along with an associate, Han Chang-Joon. Two Costa Rican and Belgian passports, identity cards belonging to Kwon and Joon, and laptops and other digital devices were confiscated during their arrest.

Kwon and Joon were sentenced to four months in jail by a Basic Court in Montenegro. The duo was found guilty of forgery charges. 

After the guilty verdict against them was issued, Kwon appealed to overturn the passport fraud conviction the court imposed. His appeal was, however, rejected last week, and the guilty verdict was upheld. 

Extradition to South Korea Appears More Likely

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Author: Jana Serfontein

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