Montenegro authorities have confirmed that both the U.S. and South Korea have requested the extradition of Terra co-founder Do Kwon.
who was arrested last week, Montenegro authorities confirmed in a press conference today.
Justice minister Marko Kovac said that Singapore has not yet officially submitted an extradition request.
Extradition proceedings will begin once local courts have dealt with the charges against Kwon and Joon for allegedly using forged passports, which they were trying to use to board a plane to Dubai when they were arrested.
Because more than one country has asked for Do Kwon to be extradited, Kovac said that his fate would be decided by the courts, taking all of the circumstances into account.
South Korean authorities issued an arrest warrant for Do Kwon last September, following a criminal probe into the collapse of the Terra ecosystem.
The International criminal police organization later approved South Korea’s request to issue a red notice for Kwon, making him a wanted criminal worldwide.
U.S. federal prosecutors, meanwhile, charged Kwon with fraud last week just hours after he was arrested.