Do Kwon, the embattled co-founder and CEO of the blockchain firm Terraform Labs (TFL), is required to stay in Montenegro after the Appellate Court in the Balkan country accepted his appeal and revoked the High Court's approval of his extradition to the U.S. or South Korea.
Initially slated for extradition to either the U.S. or South Korea before Dec. 15, Kwon, who co-founded Terraform Labs in 2018, must now await the court's decision and prolong his stay in the country.
