- The court in Podgorica has ruled that this ruling is final and cannot be appealed.
- On Thursday, the court ruled against extraditing Kwon to the US.
Terraform Labs’ co-founder, Do Kwon, is about to be extradited to South Korea. A chain reaction of court disputes and opposing extradition demands from the US and South Korea led to this latest turn of events.
Now that the Montenegro Appellate Court has given its verdict, Kwon may go back to his own country and face major charges stemming from the catastrophic failure of his cryptocurrency project.
The decision to extradite Terraform Labs co-founder Do Kwon to South Korea was affirmed by the Montenegro Appellate Court. The ruling represents the culmination of a protracted court process in Montenegro. Where the US and South Korea have been contending for the extradition.
Ruling Cannot Be Appealed
On Thursday, however, the court ruled against extraditing Kwon to the US. Stating that he should instead stand trial in South Korea. This judgment is a major development in the continuing story of Kwon. Who has been in the spotlight ever since his cryptocurrency project went belly-up.
The court in Podgorica has ruled that this ruling is final and cannot be appealed. The decision also confirmed an earlier fast-track extradition procedure, so it’s possible that things may go ahead quickly.
Following the court’s ruling, Goran Rodic, his attorney, said that Montenegro would coordinate the extradition with the help of Interpol. Following Rodic’s desire for a speedy transfer, Kwon’s legal team is ready to take the next step in this complex international legal procedure.
On the other hand, in all third-party objection cases against the South Korean government’s asset seizure operations, the Seoul Southern District Court ruled in favor of Do Kwon’s wife.
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