Terra Co-Founder Appeals Extradition Decision
Do Kwon, co-founder of Terraform Labs, has officially filed an appeal against the extradition decision of the High Court in Montenegro. The appeal triggers a mandatory reexamination of the ruling, forcing the Montenegrin Court of Appeal to review the case. This introduces uncertainty into the resolution timeline, making it challenging for the Montenegrin Ministry of Justice to finalize a decision before the December 15 deadline.
Extradition to South Korea and USA
The legal saga began on June 15 when the Montenegrin court decided to detain Kwon Do-hyung for extradition. Approximately two weeks ago, South Korea and the United States requested his extradition, which was approved by Montenegro’s High Court. However, it is yet to be determined whether Kwon Do-hyung will be extradited to Korea or the United States.
Slim Chances of Overturning Extradition
Despite Kwon Do-hyung’s appeal, local observers believe that overturning the extradition decision is unlikely. There is a prevailing belief among Montenegrin government officials and judiciary figures that his continued detention attracts undue attention. The forthcoming decision from the Montenegrin Court of Appeal will determine whether Kwon Do-hyung will be extradited to Korea or the United States.
Hot Take: Terra Founder Appeals Against Extradition
Terra co-founder Do Kwon has filed an appeal against the extradition decision made by the High Court in Montenegro. This appeal triggers a reexamination of the ruling and adds uncertainty to the resolution timeline. The decision on whether Kwon Do-hyung will be extradited to South Korea or the United States is still pending. While Kwon Do-hyung’s appeal is ongoing, the chances of overturning the extradition seem slim. This legal saga continues to draw attention as the Montenegrin Court of Appeal prepares to make a crucial decision.
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