TechFlow reports, citing The Block, that Do Kwon, co-founder of Terraform Labs, is set to be released from a Montenegrin prison but will remain in the Balkan country due to multiple criminal charges filed against him.
The Higher Court in Montenegro ordered on Friday that his passport be confiscated to prevent him from leaving the country. Do Kwon is scheduled to leave prison on Saturday.
Prosecutors oppose his extradition to South Korea and instead wish to send him to the United States.




