Do Kwon Cleared For Extradition Second Time, Where’s Destination?

The Montenegrian High Court has decided that Do Kwon, co-founder of Terraform Labs and currently under scrutiny, meets the legal criteria for extradition to both the United States and South Korea based on a fresh review of the case.

The Do Kwon Extradition Saga

This week, the Montenegro High Court granted permission for Do Kwon’s extradition in relation to the Terra Luna cryptocurrency crash. However, there is a significant development as the court did not specify which country, the US or South Korea, should receive him.

Significantly, over the past several months, there has been much debate over which country should extradite the ex-crypto CEO to, as he faces criminal accusations in both countries vying for his extradition.

During the first week of March, a Montenegrin High Court decided that Do Kwon should be handed over to South Korean authorities instead of the United States, contrary to an earlier ruling by another Montenegrian court.

The argument arose because Montenegran prosecutors rejected the idea of extraditing him back to his hometown, and they firmly opposed the South Korean court’s decision, leading to a reconsideration of that ruling.

Supreme Court Puts US At An Advantage

Based on the intricate developments in the Do Kwon extradition case, prosecutors are requesting that the Supreme Court reconsider the extradition. The legal team pointed out procedural issues with the extradition requests from both the United States and South Korea. As stated by the U.S. Department of Justice (DOJ), […] (You could also say: In light of the intricate twists in the Do Kwon extradition situation, prosecutors are asking the Supreme Court to re-examine the extradition. They noted procedural flaws in the handling of the extradition requests from both the U.S. and South Korea. The DOJ declared […])

“The US is persistently working with Montenegro, based on international and bilateral accords as well as Montenegrian law, to secure the extradition of Kwon. We value Montenegro’s commitment to upholding the rule of law for every individual.”

After carefully considering the motion, the Supreme Court decided to reverse the South Korea extradition decision. They underlined the importance of the High Court in Podgorica conducting a comprehensive review.

The Supreme Court’s ruling gives the United States an edge in determining where the individual will be extradited, as the final decision on this matter rests with Minister of Justice Andrej Milovic.

According to the Supreme Court’s ruling, it is the responsibility of the competent minister, not the court, to determine whether or not to grant priority to the extradition of criminals.

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2024-04-12 08:24