Montenegrin Supreme Court Postpones Terra Founder Do Kwon’s South Korean Extradition

Montenegrin Supreme Court Postpones Terra Founder Do Kwon’s South Korean Extradition

The Supreme Court of Montenegro is postponing the extradition of disgraced Terra (LUNA) founder Do Kwon to South Korea.

According to a new memo, the Supreme Court of Montenegro is overturning a previous ruling that greenlit the extradition process to send Kwon back to his homeland of South Korea where he is wanted for alleged crimes linked to the 2022 downfall of the Terra ecosystem.

The Supreme Court argues that the lower courts did not follow the law when they initially approved of Kwon’s extradition.

“In the specific case, the court, contrary to the law, conducted abbreviated, instead of regular proceedings and by exceeding the limits of its powers, made a decision on the extradition permit, which is the exclusive competence of the Minister of Justice.”

Furthermore, the Supreme Court says the proceedings were violated when the Court of Appeal did not hear the state prosecutor, contrary to the law.

“The request for the protection of legality was also raised because the Court of Appeal did not hear the state prosecutor in the Supreme State Prosecutor’s Office in the appeal procedure contrary to the provisions of the [law], which stipulates that only the Supreme State Prosecutor’s Office acts before the Appellate Court.”

Kwon was initially arrested in Montenegro in March 2023 after attempting to board a flight to the United Arab Emirates (UAE) with a forged Costa Rican passport. He is facing criminal charges in the United States and South Korea related to the multibillion-dollar downfall of Terra and its stablecoin.

Earlier this month, Kwon’s extradition to the United States was also revoked due to procedural violations.

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