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Disgraced crypto magnate Do Kwon was released from Montenegrin detention, but he was reportedly transferred to a foreigners' center, a move that his attorney called "illegal."
Kwon’s passport has been held back to prevent him from leaving the country, according to state TV.
The cryptocurrency entrepreneur Do Kwon will likely miss at least the start of a March 25 civil trial on U.S. Securities and Exchange Commission fraud charges because of a delay in extraditing him from Montenegro, his lawyer said on Monday.
In a letter filed in federal court in Manhattan, Do Kwon's lawyer David Patton said Kwon will not seek to adjourn the trial date, regardless of when he is ultimately extradited. Patton had made a similar pledge in January.
Do Kwon is expected to miss the beginning of his SEC trial on fraud charges due to delays in his extradition from Montenegro.