According to PANews, Montenegro's Justice Minister Bojan Božović has confirmed that a decision has been made regarding the extradition of Terraform Labs co-founder Do Kwon. The extradition agreement is expected to be signed by the end of this week. This decision follows a lengthy and contentious legal process that has spanned several months. Božović did not provide further details about the case or disclose the destination of Kwon's extradition. He stated, 'As the Minister of Justice, I have no additional comments beyond what the Supreme Court has already ruled.'
Do Kwon's legal troubles in Montenegro began in March 2023 when he and Terraform's Chief Financial Officer Han Chang-joon were arrested at Podgorica Airport for attempting to use forged documents. Both were sentenced to prison in Montenegro but remained the focus of international extradition requests due to their alleged involvement in the 2022 collapse of TerraLUNA, which resulted in losses exceeding $40 billion. Han Chang-joon was extradited back to South Korea in early 2024 after serving his sentence.
