Foreign media: Do Kwon is charged with forgery in Montenegro and will have an extradition hearing in a Montenegrin court

ChainCatcher news, according to AFP, Terraform Labs founder Do Kwon has been charged with forgery in Montenegro and will appear in court later on Friday for extradition proceedings. Do Kwon has been on the run since the collapse of the stablecoin terraUSD, which caused shockwaves in the crypto market last year.

AFP quoted the Montenegrin police as saying, "Two individuals have been charged with the criminal offense of forgery of documents," a court official stated that Do Kwon will appear in the Podgorica court later on Friday, but it is unclear which country the extradition request is from. (Source link)