Montenegro's Ministry of Justice said on Wednesday that authorities recently met with representatives of the U.S. Securities and Exchange Commission to discuss an investigation into former Terraform Labs co-founder Do Kwon, as well as broader issues in cryptocurrency investor protection.
The U.S. SEC has submitted its findings on Do Kwon and court proceedings against him in the United States to Attorney General Andrej Milović, the ministry said in a statement.
While the press release did not reveal specific details about what Do Kwon discussed, the discussion could mean progress in Do Kwon's extradition case, which had been at a stalemate for months, with questions about whether he would be extradited to the United States or South Korea. (The Block)