According to PANews, Montenegrin Justice Minister Bojan Božović confirmed that a decision has been made to extradite Terraform Labs co-founder Do Kwon and that the extradition agreement will be signed before the end of this week. Božović did not disclose the extradition destination.

Do Kwon's legal troubles in Montenegro began in March 2023, when he and Terraform CFO Han Chang-joon were arrested at Podgorica Airport for attempting to use forged documents. Both were sentenced to prison in Montenegro.

Han Chang-joon will be extradited back to South Korea after serving his sentence in early 2024.