The High Court of Montenegro ordered Blueprint Kwon and his partner Han Chang-Joon into custody for six months, sooner or later of which duration the court will take into consideration whether to extradite them to South Korea or the U.S, native media outlet RFE Information reported on Thursday.

The court’s decision comes after it accredited Kwon and Han’s initiating on bail for €400,000 each and each. The decision to grant the pair bail is what introduced about the extradition detention, and is section of a mighty broader controversy that entails high-profile politicians in Montenegro.

According to South Korean media outlet Yonhap Information, Kwon subsidized plenty of politicians in the nation the use of illegal funds. Kwon himself disclosed his ties to the Milojko Spajić, a member of the “Europe Now” political celebration, in a letter sent to High Minister Dritan Abazovic, Justice Minister Marko Kovac, and the Particular Prosecutor’s Place of work like minded days sooner than the final election.

Spajić, the leading candidate for prime minister, denied ties to Kwon and on the origin claimed to have alerted the nation’s Within Ministry to the Terra founder’s whereabouts, in accordance with reporting from Balkan Perception earlier this month.

Alternatively, Spajić has since admitted that he had invested in Terraform Labs in 2018, nonetheless continues to disclaim allegations that he obtained political contributions from Kwon.

Within Minister Filip Adžić mentioned Spajić had no longer equipped the ministry with any files about Kwon. Adžić’s investigation into ties between the 2 printed that they had met in the Serbian capital Belgrade earlier this year.

“The computer confiscated from Kwon Blueprint-hyung incorporates evidence of political funding relief. I will no longer focus on the amount, then again it is miles a level that can per chance no longer be unnoticed,” he mentioned.

In the meantime, Kwon’s attorneys are persevering with to push for a dismissal of prices in opposition to the Terra founder in a lawsuit filed by the U.S. Securities and Exchange Rate (SEC). In a Thursday listening to, Douglas Henkin, an attorney with the Dentons regulation firm representing Terraform Labs, argued that TerraUSD (UST) ought to unexcited no longer be characterized as an “funding contract” by nature.

“The SEC only needs one notice to have any which implies. They have to delete the notice ‘contract,’” mentioned Henkin, in the listening to reported by CoinDesk.