Do Kwon Faces Extradition to US in Latest Court Ruling

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.

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.

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.

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.

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.

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.