Do Kwon Wins Second Appeal Against Extradition in Montenegro

The Montenegro Court of Appeals has revoked the extradition order for Terraform Labs co-founder Do Kwon, marking a significant turn in the ongoing legal saga.

Do Kwon successfully wins a second appeal in Montenegro, preventing his extradition to the US or South Korea.
The appellate court cited 'significant violations' in the High Court's extradition order, including procedural issues and unclear reasoning.
Montenegrin authorities had previously extradited Terraform's CFO, Han Chang-joon, to South Korea, not facing charges in the US.
The SEC's trial against Kwon in the US was delayed until March due to the extradition hold up, with no further delays expected.
Kwon faces eight criminal charges in the US, including wire fraud and conspiracy, related to the collapse of Terraform Labs' stablecoin, TerraUSD.