Former Terraform Lab CEO Do Kwon's extradition to South Korea has hit another delay.
The court opted to wait until the Supreme State Prosecutor's Office makes a decision on the Request for Protection of Legality, reports local media.
The postponement is yet another move in Kwon's back-and-forth regarding his extradition out of Montenegro, where he had been arrested in March 2023 for document forgery in an attempt to board a flight to Dubai, The Block previously reported.
The High Court in Montenegro first ruled to extradite Kwon to the United States in February of this year to face legal consequences related to the Terra-Luna stablecoin crash of 2022. However, the court reversed the decision in early March and opted instead to extradite him to South Korea, followed by months of appeals, delays and inconsistent rulings.
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MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.
