Do Kwon, a cofounder of the failed algorithmic stablecoin TerraUSD, could be detained for up to six months in Montenegro as authorities decide whether to extradite him, according to Radio Free Europe.
A spokesperson for the High Court of Montenegro confirmed to the outlet that Kwon will remain in detention while the country weighs a request from South Korea. Kwon's home country issued a warrant for his arrest in September. The U.S. has also requested his extradition.
