Terraform Labs Co-Founder Do Kwon to Be Released in Montenegro Amid Extradition Deliberations

Montenegro’s authorities are set to release Terraform Labs co-founder Do Kwon from prison while his extradition to the United States or South Korea remains undecided. Kwon, detained for approximately one year, will be released on March 23 but must relinquish his travel documents to ensure he does not leave the country, as reported by Montenegrin news outlet Vijesti on March 22. This decision by the Council of the Supreme Court precedes a review that may either approve or reject his extradition to South Korea, his homeland. Kwon’s arrest in Montenegro in March 2023 alongside Han Chang-joon, Terraform Labs’ ex-chief financial