Do Kwon to stand trial in Montenegro for traveling on a fake passport, lawyer says.
Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before he is extradited from the Balkan nation, its justice minister indicated.Kwon Do-Hyung, the CEO of the company behind crashed stablecoin terrausd and cryptocurrency luna who is better known as Do Kwon, will face trial in Montenegro.
Authorities in both South Korea and the United States are seeking Kwon’s extradition. However, the prosecutor investigating the case was quoted ason Monday that the process is likely to take some time as judicial authorities in Montenegro intend to indict him.
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