Do Kwon's Extradition Hits a Roadblock as Montenegro Court Hits Pause
The extradition to South Korea is postponed as the court examines procedural issues.
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The extradition to South Korea is postponed as the court examines procedural issues.
The Supreme Court of the southeastern European nation of Montenegro is again postponing Terra (LUNA) co-founder Do Kwon's extradition to South Korea. According to a report from Montenegrin news outlet Vijesti, Montenegro's Supreme Court has halted the extradition due to a request for “protection of legality” brought forth by Kwon's camp.
The whole saga around Do Kwon's extradition from Montenegro to South Korea has hit another snag. The Supreme Court has decided to delay his extradition until they decide on a legality request raised by the Supreme State Prosecutor's Office.
The postponement is yet another move in Do Kwon's back-and-forth regarding his extradition out of Montenegro.
The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.
Do Kwon's extradition from Montenegro has been delayed yet again.
Montenegro's Supreme Court has delayed the extradition of Do Kwon, the controversial founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor's Office filed a request for a legal review on August 2.
Montenegro's Supreme Court delays the extradition of Do Kwon to South Korea for legal review.
The Supreme Court of Montenegro has delayed the extradition of Do Kwon, the embattled founder of Terraform Labs, to South Korea. This decision came in response to a request for the protection of legality filed by the Supreme State Prosecutor's Office (VDT) on August 2, 2024.
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The Montenegrin Supreme Court has delayed the extradition of Do Kwon to South Korea.
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An appellate court in Montenegro has upheld the decision of a lower court on the extradition case of Terraform Labs co-founder Do Kwon. Kwon is facing criminal charges in his native South Korea and the US for the $40 billion crash of the TerraUSD stablecoin and its companion token, Luna.
On August 1, the Montenegro Appellate Court confirmed its decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea.
On Thursday, the Appellate Court of Montenegro upheld a prior ruling from the High Court of Podgorica, determining that Kwon should face charges in South Korea. This decision overrides a competing request from the United States, which also sought his extradition to face charges related to the collapse of the Terra/LUNA ecosystem, a debacle that wiped out $40 billion in market value in May 2022.
In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea.
After a drawn-out legal battle spanning over 16 months, the Montenegrin Court of Appeal has finally ruled that cryptocurrency entrepreneur Do Kwon will be extradited to his home country of South Korea, rejecting a parallel extradition request from the United States.
The legal drama in Montenegro over Terraform Labs co-founder and fraudster Do Kwon isn't over just yet.
Montenegro has decided to send Do Kwon, the founder of Terra, to South Korea for legal proceedings, instead of granting the U.S. request for extradition. This decision marks a key development in the case against Kwon.
The August 1 ruling marks the conclusion of a protracted legal saga involving multiple appeals and judicial reversals on Kwon's extradition.
Do Kwon, the co-founder of bankrupt Terraform Labs, will be extradited to South Korea. Yesterday, a Montenegrin appeals court ruled on his extradition, rejecting the US request.