Terra founder Do Kwon wins second extradition appeal in Montenegro

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The Montenegro Courtroom of Appeals revoked Do Kwon’s extradition to his native South Korea or the U.S. for a second time. 

Terraform Labs founder Do Kwon secured victory in his enchantment to overturn a call from the Excessive Courtroom of Montenegro permitting his extradition from the nation. The Appeals Courtroom cited discrepancies within the course of that originally ordered his removing to the U.S. or his house nation of South Korea.

In keeping with the Court of Appeals, the Excessive Courtroom of Montenegro didn’t present concise reasoning in approving Kwon’s extradition. Moreover, the order by which requests from the 2 international locations arrived was unclear, and info weren’t handled wholly consistent with native legal guidelines. 

Do Kwon’s lawyer, Goran Rodic, beforehand urged that political stress from international governments influenced the extradition process. 

In December, Kwon received an appeal to revoke the Excessive Courtroom’s ruling that originally approved his extradition. Nevertheless, the identical courtroom once more selected Dec. 29 that authorized arguments for his repatriation had been sound. This was the second time Montenegro’s Excessive Courtroom had reaffirmed the decision, prompting one other enchantment from Kwon and his authorized advisors. 

The case has now been returned to the Excessive Courtroom for reassessment. 

Kwon’s handover to South Korean or U.S. authorities has stretched over months following his arrest and imprisonment in Montenegro. In March 2023, the previous Terra CEO was detained at a Podgorica airport with falsified journey paperwork.

Following a responsible verdict for passport forgery, Kwon was sentenced to 4 months in a Balkan jail, and his sentence was extended whereas native authorities attended to his extradition. This got here after he was declared a global fugitive by Interpol over his connection to the multi-billion collapse of Terra, a blockchain ecosystem created by Kwon.

Kwon was arrested alongside former Terraform Labs CFO Han Chang-joon, who has been extradited to South Korea, the place he might doubtless face prison prices. 

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