Mr. Do Kwon’s detention in Montenegro is extended!

author: Mustafa Mullah

Mustafa has been writing about blockchain and cryptocurrencies for several years. He has previous trading experience and has been working in the fintech industry since 2017.

December 12, 2023 21:40

Montenegro’s High Court extended the detention period for Terraform Labs co-founder Do-do Kwon by two months at the request of the United States and South Korea. Kwon, who is wanted in connection with the 2022 collapse of the stablecoin TerraUSD, was scheduled to be released from custody on Friday. The court ruled last month that Mr. Kwon’s extradition was possible, but his lawyer appealed the ruling. Montenegro’s Justice Minister will make the final decision on which country to send Mr. Kwon to.