Montenegro Court Reverses Decision to Extradite Terraform Co-Founder
Summary
A Montenegro court has overturned the decision to extradite Do Kwon, co-founder of Terraform Labs, to the United States or South Korea. The Appellate Court of Montenegro declared the annulment of the High Court of Podgorica’s approval on December 14. Kwon’s legal team has successfully appealed the decision, leading to a new trial in the Podgorica Basic Court.
Introduction
In November 2023, the High Court of Podgorica ruled in favor of Do Kwon’s extradition to either the United States or South Korea. However, the recent ruling by the Appellate Court of Montenegro has revoked this decision, citing a “significant violation of the provisions” of Montenegro’s Criminal Procedure Code. Kwon’s legal team has emerged victorious in their appeal, resulting in a new trial for the extradition case.
Main Points
- The High Court of Podgorica initially approved Kwon’s extradition.
- The Appellate Court of Montenegro annulled this decision on December 14.
- Kwon’s legal team successfully appealed the decision.
- A new trial will take place at the Podgorica Basic Court.
- The violation of Montenegro’s Criminal Procedure Code influenced the prior verdict.
- Kwon’s attempted departure from Montenegro using fake travel credentials led to his detention.
- Both South Korea and the United States have requested Kwon’s extradition.
Conclusion
The decision to extradite Do Kwon, co-founder of Terraform Labs, has been reversed by the Appellate Court of Montenegro. Kwon’s legal team has successfully appealed the initial ruling, resulting in a new trial at the Podgorica Basic Court. The violation of Montenegro’s Criminal Procedure Code played a significant role in the annulment of the extradition approval. The outcome of the new trial will determine Kwon’s fate in relation to the extradition requests from South Korea and the United States.
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