Do Kwon’s Extradition Delayed in Montenegro

Montenegrin prosecutors have prolonged the extradition process of Terraform Labs co-founder Do Kwon, who was decided to be extradited to South Korea. Two weeks ago, a decision was made in the high court in Podgorica in favor of Kwon’s extradition to South Korea. This decision reversed the request for extradition to the USA, which was seen as a victory for Kwon. The reason why Kwon and his team preferred South Korea was the lower penalties for white-collar crimes. US Objection and International Situation The US Department of Justice objected to the extradition to South Korea, citing international agreements and Montenegrin laws. Both the US and South Korea have allegations against Terraform Labs. This makes the issue of which country Kwon would be extradited to more complicated. South Korea and US Extradition Dispute Kwon’s extradition to South Korea was expected on March 24, but the High State Prosecutor’s indication of procedural […]

Do Kwon’s Extradition Delayed in Montenegro

Montenegrin prosecutors have prolonged the extradition process of Terraform Labs co-founder Do Kwon, who was decided to be extradited to South Korea. Two weeks ago, a decision was made in the high court in Podgorica in favor of Kwon’s extradition to South Korea. This decision reversed the request for extradition to the USA, which was seen as a victory for Kwon. The reason why Kwon and his team preferred South Korea was the lower penalties for white-collar crimes.

US Objection and International Situation

The US Department of Justice objected to the extradition to South Korea, citing international agreements and Montenegrin laws. Both the US and South Korea have allegations against Terraform Labs. This makes the issue of which country Kwon would be extradited to more complicated.

South Korea and US Extradition Dispute

Kwon’s extradition to South Korea was expected on March 24, but the High State Prosecutor’s indication of procedural errors and the need to refer to the Supreme Court has caused a delay in the process. Both the appeal and the Supreme Court are accused of being unable to resolve the case and a flawed extradition. Prosecutors also indicated that the extradition decisions exceeded the jurisdiction of the Minister of Justice.

According to current information, Kwon’s extradition has not been finally accepted. The Montenegrin government can decide in favor of extradition to the USA. It is understood that the process will not be clarified until the decision of the Montenegrin Supreme Court.

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