Founder of Terraform Labs Appeals Extradition Ruling
Kwon Do-hyung, the founder of Terraform Labs (TFL), has lodged an appeal against the extradition ruling by the High Court of Podgorica in Montenegro. He stated that he does not accept the court’s decision and will not submit to it.
Court of Appeals to Reassess Extradition Decision
The Montenegrin Court of Appeal confirmed that Kwon Do-hyung has appealed the decision, which means that they are now mandated to reassess the extradition ruling. The Montenegrin Ministry of Justice faces challenges in making a conclusive decision on Kwon Do-hyung’s repatriation by December 15.
Legal Process Continues
This appeal follows the initial decision by the Montenegrin court to detain Kwon Do-hyung for extradition. According to Marija Rakovic, the press officer of the Podgorica High Court, individuals involved in extradition cases have the right to challenge court decisions.
Uncertainty Regarding Repatriation Country
Kwon Do-hyung has filed an appeal approximately two weeks after the extradition decision. The court clarified that the final decision on whether he will be repatriated to South Korea or the United States rests with the Minister of Justice.
Possible Extradition in January
A journalist familiar with Montenegro’s legal landscape revealed that there is a strong likelihood of Kwon Do-hyung being extradited in January. His imprisonment in Montenegro has raised concerns among government and judiciary officials in the country.
Hot Take: Extradition Appeal Prolongs Uncertainty for Terra Founder
The appeal lodged by Kwon Do-hyung against the extradition ruling has added another layer of uncertainty to his situation. While the Montenegrin Court of Appeals will reassess the decision, the chances of overturning the repatriation ruling are considered minimal. As the legal process continues, Kwon Do-hyung’s fate remains uncertain, with questions surrounding which country he will be extradited to and when. The attention drawn to his imprisonment in Montenegro has become a source of concern for government and judiciary officials in the country.
By
By
By
By
By