The High Court of Montenegro extended the detention of Do Kwon until February 15 at the request of the US and South Korean authorities.

Montenegro High Court spokesperson Marija Rakovic said that at the request of the US and South Korean authorities, the Montenegrin High Court extended the detention of Terraform Labs co-founder Do Kwon. Rakovic said the Podgorica court ruled that the detention period, which was due to expire on Friday, was extended by two months to February 15. (Bloomberg) Previously, according to people familiar with the matter, Montenegro's top judicial official said privately that he planned to send Do Kwon to the United States rather than face criminal charges in South Korea. Do Kwon has been imprisoned in the Balkans since March and both the United States and South Korea are seeking his extradition, with prosecutors in both countries hoping to put Kwon on trial on charges of fraud and violating securities laws. A Montenegrin court approved Do Kwon's extradition last month, but it will be up to Justice Minister Andrej Milovic to decide whether to send him to the United States or South Korea. Milovic has yet to announce his decision and is unlikely to do so before the country's courts rule on a last-ditch appeal by Quan against the court ruling.