Montenegro to extradite crypto entrepreneur Do Kwon to U.S.

Montenegro said Friday it will extradite to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs.

His lawyers denounced the decision as illegal and contrary to European conventions on extradition.

For months, Seoul and Washington have been seeking the South Korean's extradition for his suspected role in a fraud linked to his company's failure, which wiped out about $40...