Do Kwon extradition approved by Montenegro court

The saga of Terraform Labs co-founder Do Kwon continues to unfold, with a court in Montenegro approving his extradition to either South Korea or the United States.

The High Court of Podgorica has determined the legal requirements for Kwon’s extradition, according to an official statement posted on the court’s website on Nov. 24.

As the court approved Kwon’s extradition to either the U.S. or South Korea, the final decision on his extradition will be made by Montenegro’s Minister of Justice, the announcement notes.

Previously, a court in Montenegro sentenced Kwon to four months in jail after finding him guilty of using a forged Costa Rican passport.

This is a developing story, and further information will be added as it becomes available.