In a statement released on Tuesday, imprisoned Terra co-founder Do Kwon achieved a rare victory as the Montenegrin court overturned a lower court's decision to extradite him to the United States. The Balkan country's appellate court pointed out in the legal action that led to the extradition decision in February that "serious violations of the criminal procedure rules" had occurred. Last month, Kwon appealed the ruling that would have sent him to the United States to face fraud charges related to Terra's $60 billion loss in May 2022.