The Appeals Court of Montenegro has reversed the decision of the High Court for the extradition of Do Kwon, co-founder of Terraform Labs, to the United States, in response to an appeal from his legal defense team.
The Appeals Court stated that the Higher Court failed to adhere to proper procedures, thereby breaching standards by approving Kwon’s extradition to the US.
Terraform Labs Co-Founder Do Kwon To Remain in Montenegro
A recent report indicates that the High Court was not authorized to make the executive decision regarding Kwon’s extradition to the US in December 2023.
“Specifically, the court of first instance failed to consider that this case involved an expedited extradition procedure, in which the court, pursuant to Article 29 of the Law on International Legal Assistance in Criminal Matters, and not the Minister of Justice as in regular proceedings, decides on extradition.”
Furthermore, the appeals court alleged that the High Court did not “conclusively determine the sequence of the arrival of extradition requests” from the Republic of South Korea and the US.
Read more: Top 7 Crypto Exchanges With the Lowest Spreads in 2023
In December 2023, BeInCrypto reported that Kwon was facing an extension of
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Author: Ciaran Lyons
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