The Montenegro Appellate Court has confirmed the extradition of Terraform Labs co-founder Do Kwon to South Korea, resolving a prolonged legal battle.
Points
- The Montenegro court confirms Do Kwon’s extradition to South Korea.
- Legal battle marked by multiple appeals and judicial reversals.
- Criteria for extradition based on Montenegro’s legal framework.
- Significant step in resolving legal issues surrounding Do Kwon.
The Montenegro Appellate Court has confirmed its decision to extradite Terraform Labs co-founder Do Kwon to South Korea, ending a prolonged legal battle marked by multiple appeals and judicial reversals. This ruling brings an end to Do Kwon’s extradition issues and marks a significant step towards resolving the legal challenges surrounding him.
The Ruling Brings an End to Do Kwon Extradition Issues
The court’s decision was influenced by the order in which the extradition requests were received and the criteria outlined in Article 26 of Montenegro’s Law on International Legal Assistance in Criminal Matters. This article provides a framework for handling multiple extradition requests, ensuring the process is conducted fairly and systematically.
Do Kwon Wins Appeal Against US Extradition
Meanwhile, Do Kwon won an appeal against extradition to the United States. The case against Terraform and Kwon stemmed from allegations of defrauding investors regarding statements over the offer and sale of TerraUSD （USDT）, Luna （LUNA）, and wLUNA. Kwon was arrested in March 2023 for using falsified travel documents while attempting to leave the country.
Conclusion
The Montenegrin court’s ruling on Do Kwon’s extradition to South Korea marks a pivotal development in his legal saga. With this decision, a major chapter in the ongoing legal proceedings against Kwon closes, paving the way for further judicial actions in South Korea.