Alleged crypto crook Do Kwon may not be extradited to the United States—yet. A Tuesday notice by a Montenegro court ordered a review of the Terra founder’s extradition.
The decision to delay the extradition comes after Do Kwon’s defense filed a complaint. Last month, a court approved the disgraced entrepreneur’s extradition.
He will now wait in Montenegro until the court completes the review.
The South Korean crypto mogul was arrested earlier this year for allegedly attempting to travel on a fake passport.
Do Kwon founded Terraform Labs, the company behind the once massively popular Terra blockchain protocol.
The project focused on algorithmic stablecoins. Its native cryptocurrency, LUNA, was in its prime as one of the top digital assets by market cap.
But in May 2022, Terra
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Author: Mathew Di Salvo
Tip BTC Newswire with Cryptocurrency