Why did the Montenegrin court extradite Do Kwon?

Terraform Labs Co-Founder Do Kwon Has Extradition Verdict Reversed Again


A Montenegrin appeals court overturned a high court decision to extradite Terraform Labs founder Do Kwon to the United States on an appeal from his legal defense group.

The appeals court ruled that the high court had violated its requirements by approving Kwon's extradition to the US because it had not found due process.

Terraform Labs co-founder Do Kwon to stay in Montenegro

According to a recent report, the Supreme Court is not allowed to issue an executive order on Kwon's extradition to the US in December 2023.

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“In particular, the court of first instance failed to take into account that this case involved an expedited extradition process, and the court did not file a formal case against the Minister of Justice under Article 29 of the International Legal Assistance Act. , decides to extradite.

Do Kwon, founder of Terraform. Source: LinkedIn

Additionally, the Court of Appeals did not decide the order of extradition requests from the Republic of South Korea and the US Republic in the Supreme Court.

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In the year In December 2023, BeinCrypto reported that Kwon had his prison term extended for another two months in a Montenegrin prison. This comes amid a dispute over the country to which he may be extradited.

“The court in Podgorica decided to extend the prison term, which ends on Friday, by two months until February 15.”

The Supreme Court initially approved extradition to the US as opposed to extradition to South Korea. Subsequently, Kwon's appeal was dismissed.

Do Kwon first appealed against the extradition decision at the Podgorica High Court.

“I will not submit a decision to the court because I do not accept the decision handed down by the court.”

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On January 16, the SEC granted Kwon's request to delay his hearing until mid-March, allowing him to appear in person.

Authorities have detained Kwon in Montenegro since March. Both US and South Korean prosecutors are pursuing jurisdiction over him.

In the latest developments, on February 5, authorities extradited former Terraform Labs chief financial officer Han Chang-jun from Montenegro to South Korea.

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