The U.S. Department of Justice said it will continue to pursue the extradition of Terraform Labs co-founder Kwon Do-hyeong from Montenegro, according to a Bloomberg report on Friday. 

A Montenegrin high court made a decision on Thursday to extradite the former Terra chief to South Korea, reversing a Feb.21 decision from another Montenegro court to send Do Kwon to the United States.

Kwon’s defense team had also expressed their preference to be sent to South Korea, while legal experts expressed concern about a possible acquittal or a light punishment from the South Korean court, Bloomberg reported.

The U.S. also "continues to seek Kwon’s extradition in accordance with relevant international and bilateral agreements and Montenegrin law," said DOJ in the report.

Kwon’s …