Crypto Updates

Do Kwon’s Extradition Case Sent Back to High Court After Appeal: Report

Do Kwon, ceo of terraform labs

The decision to extradite Do Kwon to either the US or
South Korea has been returned to the High Court after the appeal by the
Terraform Labs’ Co-Founder and his lawyers was granted by the court of appeal in Montenegro.

Montenegrin news outlet Vijesti reported today
(Friday) that the country’s court of appeals accepted the arguments from Kwon’s
lawyers. This action canceled a previous decision by the High Court and sent
the case back for retrial. This move represents the latest legal strategy by
Kwon’s team to postpone his extradition to either the U.S. or South Korea,
where he faces multiple criminal charges.

The initial ruling from the High Court in Podgorica on
April 8, 2024, determined that Kwon, a South Korean national, could be
extradited for prosecution. However, the Court of Appeal found that this
decision lacked decisive facts. Specifically, the High Court failed to provide
valid reasons for its ruling, merely quoting an earlier decision by the Supreme
Court without adequate explanation.

The Appellate Court highlighted the necessity of a clear
decision based on legal and factual issues. When multiple countries request the
extradition of the same individual, specific criteria guide the decision. These
criteria are detailed in various international agreements, including the
European Convention on Extradition and the 1901 convention between Serbia and the
United States. The first-instance court had not reportedly adequately examined
these factors in Kwon’s case.

The High Court will now determine the case, ensuring
Kwon’s consent to extradition was voluntary, informed, and irrevocable. Montenegro’s High Court now stands at a
crossroads. The upcoming decision will determine whether Do Kwon will face
justice in the United States or South Korea.

Competing Extradition Requests

In March, Montenegro’s Office of the Supreme State
Prosecutor challenged the High Court’s decision to extradite Kwon to South
Korea. Montenegro’s top prosecutor contended that the High Court overstepped
its authority by opting for an “abbreviated proceeding” to extradite
Kwon to South Korea, bypassing a more thorough legal process.

The appellate court upheld the High Court’s decision,
but the Supreme State Prosecutor sought protection of legality from the Supreme
Court, asserting that only the Minister of Justice has the final say in such
matters.

The United States has also requested his extradition,
filing eight charges against him and indicating a willingness to…

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