The Appeals Court docket of Montenegro has reversed the choice of the Excessive Court docket for the extradition of Do Kwon, co-founder of Terraform Labs, to the USA, in response to an enchantment from his authorized protection staff.
The Appeals Court docket acknowledged that the Greater Court docket failed to stick to correct procedures, thereby breaching requirements by approving Kwon’s extradition to the US.
Terraform Labs Co-Founder Do Kwon To Stay in Montenegro
A current report signifies that the Excessive Court docket was not licensed to make the chief choice concerning Kwon’s extradition to the US in December 2023.
“Particularly, the court docket of first occasion failed to contemplate that this case concerned an expedited extradition process, wherein the court docket, pursuant to Article 29 of the Legislation on Worldwide Authorized Help in Felony Issues, and never the Minister of Justice as in common proceedings, decides on extradition.”
Moreover, the appeals court docket alleged that the Excessive Court docket didn’t “conclusively decide the sequence of the arrival of extradition requests” from the Republic of South Korea and the US.
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In December 2023, BeInCrypto reported that Kwon was going through an extension of his detention in a Montenegro jail for a further two months. This was amidst the continuing dispute concerning the potential nation to which he might be extradited.
Do Kwon Authorized Uncertainty Continues in Montenegro
“The court docket in Podgorica dominated that the time period in custody, which might have expired on Friday, be extended by two months to Feb. 15,”
The Excessive Court docket initially authorised extradition to the US, versus extradition to South Korea. Subsequently, Kwon had the enchantment overturned.
Do Kwon initially appealed in opposition to the Excessive Court docket of Podgorica’s choice of extradition, saying:
“I don’t settle for the court docket’s choice to extradite me, so I don’t undergo the court docket’s choice.”
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On January 16, the SEC granted Kwon’s request to delay his trial till mid-March, enabling him to attend in individual.
Authorities have detained Kwon in Montenegro since March. Each US and South Korean prosecutors are pursuing jurisdiction over him.
In current developments, on February 5, authorities extradited Han Chang-joon, the previous Chief Monetary Officer of the now-defunct Terraform Labs, from Montenegro to South Korea.
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