Deep Tide TechFlow News, on December 25, according to Montenegrin media 'Vijesti', the Constitutional Court of Montenegro unanimously rejected the appeal by Terraform Labs founder Do Kwon regarding the extradition ruling. With the appeal dismissed, the Montenegrin Minister of Justice will ultimately decide whether to extradite Do Kwon to South Korea or the United States. Given the Montenegrin Ministry of Justice's previous stance, the likelihood of Do Kwon being extradited to the United States is higher.

Do Kwon is under investigation and prosecution in both South Korea and the United States due to the Terra/LUNA collapse incident. He was arrested in Montenegro in March 2023 for using a fake passport.