Do Kwon to contest US extradition in Montenegro 

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Do Kwon’s extradition to the U.S. was selected Feb. 21, however his attorneys should not surrendering arguments towards the choice by a Montenegro Excessive courtroom.

Goran Rodic, protection lawyer for Terraform founder Do Kwon, mentioned a Excessive Court docket of Montenegro ruling to extradite his shopper to the U.S. is illegitimate. Rodic believes the choice is not going to stand up to scrutiny in an appellate courtroom, citing the matter’s earlier annulments by Enchantment Court docket Judges.

A Excessive Court docket in Montenegro’s capital, Podgorica, dominated to approve Do Kwon’s extradition on two separate events. Kwon and his protection crew appealed each selections and secured victories, overturning his extradition twice. 

The case was then returned to the Excessive Court docket, which later reaffirmed its choice and approved Kwon’s removing to the US. Rodic argued that the rulings have been politically influenced, stressing that authorized precedent didn’t assist this choice.

Do Kwon debacle

Do Kwon has been incarcerated within the Balkan nation since March final yr. Podgorica regulation enforcement arrested Kwon and Terraform Labs’ former chief monetary officer, Han Chang-Joon, as they tried to go away the capital on a non-public flight to Dubai. 

The pair have been accosted with suspicious journey paperwork and later convicted for forgery, months after Interpol issued a crimson alert for the ex-crypto tycoon. 

Authorities extended Kwon’s sentence 4 months to settle his extradition, following requests from the U.S. and his native South Korea. Prosecutors in each jurisdictions intend to strive Kwon for fraud and different prison violations over Terra’s collapse in Could 2022. 

A trial on the difficulty has began in South Korea, with one former developer testifying towards Kwon’s management on the blockchain agency. Within the U.S., Terraform and the SEC agreed to postpone proceedings until Apr. 15 to permit Kwon to be current for the listening to.

Kwon continues difficult his extradition, however his colleague Chang-Joon was moved to South Korea in early February as crypto.information reported.

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