The High Court of
Podgorica has approved the extradition of Do Kwon, the Co-Founder and Former
CEO of Terraforms Labs, to the US. Kwon
faces multiple criminal counts in the US following the collapse of Terraform
Labs.
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After rejecting South
Korea’s extradition plea, the Podgorica High Court deliberated over Do Kwon’s
fate following a directive from the Court of Appeal, Pobjeda reported. Earlier rulings had
indicated conditions favoring Do Kwon’s extradition, leaving the final decision
in the hands of Justice Minister Andrej Milović.
However, the Court of
Appeal clarified that Do Kwon, having consented to expedited extradition
proceedings, would be subject to the jurisdiction of the requesting countries.
Do Kwon’s defense
attorney, Goran Rodić, emphasized legal provisions favoring extradition to
South Korea, citing international agreements and Montenegrin laws. Rodić
contended that prevailing legal frameworks pointed towards South Korea as the
appropriate jurisdiction for Do Kwon’s extradition.
Keep Reading
However, Justice
Minister Andrej Milović framed the decision as politically significant,
highlighting the USA’s status as a key diplomatic ally. Milović underscored
efforts to establish a bilateral extradition agreement, signaling Montenegro’s
commitment to bolstering international legal cooperation.
Do Kwon’s legal
troubles started when he was arrested alongside his associate Hon Chand Yun at
the Podgorica airport, where they attempted to board a flight to Dubai using
fake Costa Rican passports. Subsequent investigations uncovered additional
Belgian travel documents.
International
Extradition
In a recent
development, Chand Yun was extradited to South Korea, further intensifying
speculation surrounding Do Kwon’s legal fate.
The High Court of
Podgorica has approved the extradition of Do Kwon, the Co-Founder and Former
CEO of Terraforms Labs, to the US. Kwon
faces multiple criminal counts in the US following the collapse of Terraform
Labs.
After rejecting South
Korea’s extradition plea, the Podgorica High Court deliberated over Do Kwon’s
fate following a directive from the Court of Appeal, Pobjeda reported. Earlier rulings had
indicated conditions favoring Do Kwon’s extradition, leaving the final decision
in the hands of Justice Minister Andrej Milović.
etoro: Experience a reliable, user-friendly platform trusted by millions. Stay ahead in the crypto world. Board the Crypto Train now!
However, the Court of
Appeal clarified that Do Kwon, having consented to expedited extradition
proceedings, would be subject to the jurisdiction of the requesting countries.
Do Kwon’s defense
attorney, Goran Rodić, emphasized legal provisions favoring extradition to
South Korea, citing international agreements and Montenegrin laws. Rodić
contended that prevailing legal frameworks pointed towards South Korea as the
appropriate jurisdiction for Do Kwon’s extradition.
Keep Reading
However, Justice
Minister Andrej Milović framed the decision as politically significant,
highlighting the USA’s status as a key diplomatic ally. Milović underscored
efforts to establish a bilateral extradition agreement, signaling Montenegro’s
commitment to bolstering international legal cooperation.
Do Kwon’s legal
troubles started when he was arrested alongside his associate Hon Chand Yun at
the Podgorica airport, where they attempted to board a flight to Dubai using
fake Costa Rican passports. Subsequent investigations uncovered additional
Belgian travel documents.
International
Extradition
In a recent
development, Chand Yun was extradited to South Korea, further intensifying
speculation surrounding Do Kwon’s legal fate.
