The post Montenegrin Court completes Do Kwon's extradition to South Korea to face criminal charges appeared first on Coinpedia Fintech News Montenegro's Court of Appeals has issued a final verdict against Terraform Labs founder Do Kwon , dismissed his appeal against extradition to South Korea. After March 23, Terra founder Do Kwon will be extradited from Montenegro to South Korea to answer criminal charges related to the collapse of his cryptocurrency venture. Both the US and South Korea are seeking his extradition, and the decision on his destination has now been confirmed by Montenegrin officials.Montenegro rejects Do Kwon's extradition appealAccording to an official announcement on Thursday Wednesday, an appeals court in Montenegro rejected Terraform Labs founder Do Kwon's attempt to overturn the approval of extradition to South Korea. Previously, a higher court in the Balkan country determined that Kwon would be sent to South Korea to answer charges related to the failure of his cryptocurrency company in May 2022. , a decision he tried unsuccessfully to appeal. Goran Rodic, representing Do Kwon, announced that the extradition decision was final, barring any further appeal from Kwon or Hoa Ky. Currently, the schedule for his extradition is still unclear. The US Department of Justice has not yet commented on this issue. The notice said: “Deciding to appeal by the defendant's attorney, the Appellate Trial Panel assessed that the trial court correctly determined that the defendant's request was Korea arrived earlier in the order of arrival than the defendant requested.” the US request should have correctly evaluated this and other criteria.” Do Kwon's destination after March 23 Kwon is currently detained in Montenegro, where he is serving a 4-month sentence due to having documents fake. According to Kwon's Montenegrin lawyer Goran Rodic, it is expected that after completing this sentence, he will be extradited to South Korea. Rodic stated, “This decision is in accordance with the evidence in the file case profile. Kwon's sentence ends on March 23, after which he will be extradited. That is all the information available at this time.”However, the United States intends to continue challenging the Montenegrin Court's decision to extradite Terraform Labs co-founder Do Kwon to South Korea. Since Terra's collapse in mid-2022, international agencies such as Interpol have been closely monitoring Kwon. Terra's collapse caused investment funds to lose billions of dollars, forcing Kwon to flee to Montenegro.#Lunc