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International Business Times

Business

Marvie Basilan

Terraform Labs' Do Kwon Goes From Prison To Shelter, Lawyer Decries 'Illegal' Transfer

Do Kwon Terraform Labs Terraform Prison Montenegro SEC South Korea the High Court Crypto Police

Do Kwon (C) was arrested in Montenegro in 2023 and is wanted in South Korea and the United States over the collapse of Terraform's cryptocurrencies. (Credit: AFP)

KEY POINTS

Kwon reportedly underwent a five-hour interrogation by the inspector of foreign nationals
His lawyer said there was an 'illegal treatment' of Kwon by Montenegrin police during the transfer
The Terraform Labs founder is waiting for a final decision on his U.S. or South Korea extradition

Crypto fugitive Do Kwon, the founder of collapsed blockchain protocol and payment platform Terraform Labs, was freed from prison in Montenegro over the weekend, according to a new report.

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