Montenegro extradites ex-Terraform Labs financial executive to South Korea

Montenegro on Monday extradited Han Chang-joon, a financial executive of the Terraform Labs cryptocurrency firm, to South Korea, the Balkan country’s justice ministry said. Han and Terraform Lab’s former CEO Do Kwon, who is charged in the U.S. with a multibillion-dollar fraud, were sentenced last year by a Montenegrin court to four months in prison for using forged passports.

Han was expected to arrive in South Korea via Incheon Airport at around 1:55 p.m. (0455 GMT) on Tuesday under the extradition process, Seoul’s justice ministry said in a press release.