Montenegro's top court has made a significant decision regarding the extradition case of a South Korean mogul known as 'the cryptocurrency king.' The court announced on Friday that it has overturned a previous ruling to hand over Do Kwon, the founder of Terraform Labs, to South Korea.
This development adds another layer of complexity to the months-long legal battle surrounding Do Kwon's arrest in Montenegro last year. Both the United States and South Korea had requested his extradition, with initial court decisions favoring the U.S. However, the Supreme Court of Montenegro has now directed a lower court to review the case once again, placing the final decision in the hands of Montenegro's justice minister.