Do Kwon, the founder of Terraform Labs, has been detained in Montenegro for attempting to travel with fake documentation before facing possible extradition requests from both the US and South Korea. Kwon, who was arrested in March with his business partner Han Chang Joon, was found to be in possession of a fake Costa Rican passport at the Podgorica Airport. Montenegrin law enforcement authorities confirmed that Kwon would be charged for breaching Montenegrin law and that local proceedings will take place before any extradition requests are considered. South Korea has already attempted to open talks for Kwon’s arrest, leading many to believe that it may be successful in gaining his extradition. Singapore has also confirmed that it remains in the process of investigating Terraform Labs and Kwon.