The Montenegrin Minister of Justice signs the delivery of do Kwon to the USA

According to the latest news on this topic, Montenegro will deliver the founder of Terraform Labs, do Kwon, to the United States.

On December 27th, reports of local news agencies said that the development was a result of a approval of the delivery of do Kwon by Montenegrin Minister of Justice Bojan Božović. Božović signed the delivery of the founders of Terraform Labs to the United States a day after the Montenegrin Constitutional Court rejected the constitutional complaint of do Kwon.

The appointment of do kwon was canceled

With the decision of the court, the decision remained the decision as to whether the founder of Terraform Labs should be delivered to South Korea or the USA, in the hands of the state minister.

In his calling, Kwon asserted that the extradition procedure was unfair and had to have incorrect legal interpretations. However, the constitutional court could not influence the contestation, and the decision to reject the appeal opened the last chapter for its delivery.

The South Korean Kwon has been examined since the collapse of Terrausd and Luna both by the US and South Korean law enforcement authorities. The crypto projects imploded in May 2022 and destroyed a value of over $ 40 billion from the crypto market. A subsequent infection devoured several companies, including crypto creditors.

kwon dived and his arrest in March 2023 in Montenegro triggered the lengthy delivery process.

Terraform Labs agreed in June 2024 with the US Stock Exchange Supervisory Authority Securities and Exchange Commission on a comparison of over 4.5 billion US dollars, whereby the CEO noted that the project was setting its operation.