Montenegro to extradite crypto entrepreneur Do Kwon to US
BELGRADE: Montenegro said on Friday (Dec 27) it will extradite to the United States cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs.
His lawyers denounced the decision as contrary to European conventions on extradition, and said they will appeal to the country’s constitutional court and to the European Court of Human Rights.
For months, Seoul and Washington have been seeking the South Korean’s extradition for his suspected role in a fraud linked to his company’s failure, which wiped out about US$40 billion of investors’ money and shook global crypto markets.
Montenegrin Justice Minister Bojan Bozovic “issued a decision approving the extradition of…
