Montenegro’s High Court has decided to extradite former crypto magnate Do Kwon to the US instead of his home country, South Korea, local media reported on Feb. 21.

The decision marks a pivotal turn in the international legal saga surrounding Kwon, the founder of Terraform Labs, who faces charges related to financial crimes in both countries. The timeline for his extradition is unclear and could take several weeks or months to finalize.

Extradition processes can vary in length and complexity, depending on the legal frameworks, the cooperation between the involved countries, and any potential appeals or further legal actions that might be taken by the parties involved.

Given the high-profile nature of Kwon’s case and the involvement of multiple jurisdictions, it’s likely that the extradition process will be closely monitored and subject to strict procedures to ensure its legality and fairness.

Political considerations

The appellate court had previously directed the High Court to determine whether Kwon would be extradited to South Korea or the US, as both states had made official requests. While initial rulings confirmed the eligibility for Kwon’s extradition, the decision on where to send him was left to Justice Minister Andrej Milović.

However, the appellate court later overturned the ruling and clarified that the Justice Minister’s decision-making role only applies in regular extradition proceedings. Since Kwon consented to extradition in a fast-track process, the final decision fell to the court.

Kwon’s defense, led by attorney Goran Rodić, had argued for his client’s extradition to South Korea based on legal grounds, including the European Extradition Convention, a bilateral agreement with America, and Montenegro’s law on international legal assistance.

Despite these arguments, the court has decided to extradite Kwon to the US, reflecting deeper political considerations,

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Author: Assad Jafri

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