The extradition battle between the U.S. and South Korea for Terraform Labs co-founder Do Kwon has reportedly been won by the U.S. The Montenegrin Minister of Justice announced on Friday that the ministry has ordered Do Kwon's extradition to the United States for trial. Will this finally be the end result? (Background: Is this for real? Montenegrin court rules Do Kwon will be extradited back to South Korea) (Context: What is Do Kwon's plan as he appeals to the Montenegrin court for extradition to South Korea?) The tug-of-war between the U.S. and South Korea over the priority extradition of Terraform Labs co-founder Do Kwon from Montenegro (also known as Montenegro) has been full of twists and turns. In August, the Montenegrin court originally ruled that Do Kwon should be extradited back to his home country of South Korea, but the latest news on Friday evening indicated a reversal, with the Montenegrin government stating that Do Kwon will be first extradited to the United States for trial. Montenegrin Justice Minister Bojan Božović announced on Friday (27) in an official statement that the ministry has ordered Do Kwon's extradition to the United States, but did not specify when the handover would take place. The statement added: Considering the ruling of the Supreme Court, the ministry took into account all facts and circumstances and assessed the severity of the crimes, the location of the execution, the order of the requests, the citizenship of the requester, and other circumstances. The ministry concluded that most of the standards established by law favored the U.S. authorities' extradition request, and the minister issued a decision allowing Do Kwon to be extradited to the United States. Do Kwon's calculations have fallen apart, with priority given to extradition to the U.S. instead of South Korea. The stablecoins TerraUSD (UST) and LUNA collapsed in May 2022, resulting in global investor losses exceeding $40 billion. The co-founder of the public chain, Do Kwon, was subsequently put on an international wanted list for fleeing and was ultimately arrested in March 2023 while attempting to leave Montenegro. Bloomberg noted that it is still unclear whether Friday's decision is final and whether Do Kwon has any chance to appeal. This is because the Montenegrin court's ruling in August prioritized Do Kwon's extradition to South Korea. The local Supreme Court's decision on whether Do Kwon should be extradited to the 'U.S. or South Korea' has also changed repeatedly. Do Kwon and his lawyer have been fighting for extradition back to South Korea rather than the U.S. The speculation for this reason, apart from homesickness, is that South Korea's punishments for white-collar crimes are usually lighter than those in the U.S., which is part of Do Kwon's calculations. Previously, Han Chang-joon, the former financial officer of Terraform Labs who was arrested alongside him in Montenegro, was extradited back to South Korea for trial in May this year. Do Kwon's lawyer also expressed to the media regarding the latest decision that the Minister of Justice refused to make a decision according to Do Kwon's wishes, which involves infringing on his client's basic human rights, the right to defense, and the right to legal remedy. However, this extradition to the U.S. may be the final decision, as the final decision-making power regarding extradition lies with the Montenegrin Minister of Justice. This may bring an end to the deadlock between the U.S. and South Korea over the priority extradition of Do Kwon. Related reports: SEC demands Terra and Do Kwon pay a massive fine of $5.3 billion, extradition results uncertain. Do Kwon and Terra found guilty of fraud by the U.S., details of the loss revealed. Is Do Kwon on the run with accomplices? The Montenegrin Prime Minister was revealed to be an early investor in Terra, holding 750,000 LUNA. Do Kwon, Terraform and SEC's fraud lawsuit has reached a 'preliminary settlement.' LUNA jumps 40% on the news | Case summary.