Montenegrin Justice Minister Bojan Bozovic has ordered the extradition of Terraform Labs co-founder Do Kwon, also wanted by South Korea, to the United States, the ministry said on Friday.

Montenegro has approved the extradition of a South Korean mogul known as “the cryptocurrency king” to the United States, the Balkan country's Justice Ministry said on Friday. Minister Bojan Bozovic has issued a deposition allowing the handover of Do Kwon,

Montenegro has approved the extradition of Do Kwon to the U.S over his involvement in the $40 billion collapse of Terraform Labs.

Montenegro’s Constitutional Court has recently rejected an appeal by Korean cryptocurrency mogul Do Kwon against his extradition, as reported by Korea JoongAng Daily. This decision unanimously upheld an earlier court ruling,

Montenegro’s Minister of Justice has signed off on the extradition of Terraform Labs co-founder Do Kwon to the United States.

South Korean cryptocurrency entrepreneur Do Kwon will be extradited to the United States from Montenegro over the collapse of two digital tokens - TerraUSD and Luna tokens. For months, the US and South Korea have been seeking Kwon's extradition,

Do Kwon, whose TerraUSD and Luna cryptocurrencies collapsed in a $40 billion crash in 2022, should be extradited to the U.S. rather than his native South Korea, according to a dec

South Korea and the US have squabbled over who will get to prosecute Kwon since the fugitive was arrested in Montenegro last year.