Summary
Former Terraform Labs CEO Do Kwon facing extradition to South Korea following ruling from High Court of Montenegro, with US also seeking extradition. Kwon’s legal team claims US request came after South Korea’s. SEC case against Kwon set to go to trial on March 25.
Key Points
1. Former Terraform Labs CEO Do Kwon is set to be extradited to South Korea following a ruling from the High Court of Montenegro.
2. A spokesperson for the court spoke to multiple news outlets, explaining that the decision is final so long as Do Kwon’s legal team doesn’t appeal the ruling.
3. Do Kwon, according to legal documents filed last month, sought to be extradited to his home country of South Korea over the US. However, a court in Montenegro believed that the US first requested extradition and therefore was prioritized.