Montenegrin Court Approves Extradition of Do Kwon, Raising Question of Destination: US or Korea?

Montenegro Court Approves Extradition of Kwon Do-hyeong, Final Decision Rests with Justice Minister

In a stunning twist, the Montenegrin court has once again granted permission to extradite Kwon Do-hyeong, a central figure in the infamous cryptocurrency crash involving Terra Luna. This latest ruling reopens the legal battle surrounding his potential extradition, following a recent decision that nullified the previous verdict and prompted a fresh evaluation of the extradition process.

Advertisement
The Battle Resumes!

After a period of uncertainty, the Podgorica High Court in Montenegro has upheld Kwon’s extradition, stating that all the necessary legal conditions for extradition to both South Korea and the United States have been met. However, the final decision rests with Justice Minister Andrej Milovic.

According to reports from local newspapers Bjesti and Pobeda, the court’s ruling is a significant step forward in the extradition proceedings.

“The Podgorica High Court in Montenegro has granted permission for Mr. Kwon’s extradition, stating that the legal requirements for extradition to South Korea and the United States have been met,” the reports stated.

Read More:
Do Kwon Out of Jail, But Not Out of Trouble: SEC Crackdown Incoming!

So, What’s Next?

Despite the court’s decision, Kwon’s legal team has a narrow window of opportunity to challenge the ruling, with the option to file an appeal within three days. There is speculation about where Kwon might be extradited to, with suggestions pointing towards the United States, especially given Minister Milovic’s apparent preference for this outcome.

Kwon’s journey from his sudden disappearance following the Terra Luna crash to his subsequent arrest in Montenegro, via the United Arab Emirates and Serbia, has been nothing short of a legal spectacle.

Political Implications

Minister Milovic’s comments about the United States being a crucial foreign policy partner raise questions about the geopolitical implications of Kwon’s extradition.

This Might Interest You:
Terralabs vs SEC: Fraud or Failure? Trial Heats Up as Accusations Fly

Tags
Crypto Regulations