Montenegro’s Appellate Court has upheld a ruling to extradite Do Kwon, co-founder of Terraform Labs, to South Korea, rejecting a push to send him to the United States instead.

The Podgorica-based court’s decision, announced on Thursday, marks the latest development in the ongoing legal saga surrounding the disgraced crypto mogul. The court stated there was no appeal against its ruling, which also upheld a fast-track extradition procedure previously issued by another Montenegrin court.

Do Kwon’s lawyer, Goran Rodic, told Bloomberg that Montenegro will arrange the extradition with assistance from Interpol, expressing hope it will happen “as soon as possible.” The decision comes after months of back-and-forth between Kwon’s lawyers, courts, and prosecutors regarding where the former executive should be extradited.

Kwon was arrested in Montenegro in March 2023 for using counterfeit travel documents while attempting to board a flight to Dubai. Both the US an