The Legal Battle Over Do Kwon’s Extradition
Do Kwon, the founder of Terraform Labs, is facing extradition to the United States after a ruling by the High Court of Montenegro. However, his defense lawyer, Goran Rodic, believes that the decision is illegal and plans to appeal it in a higher court. Rodic argues that previous annulments by Appeal Court Judges demonstrate that the ruling will not withstand scrutiny.
This legal saga began when Kwon and his former chief financial officer, Han Chang-Joon, were arrested in Montenegro while attempting to leave the country on a private flight to Dubai. They were found with suspicious travel documents and later convicted for forgery. Following requests from the U.S. and South Korea, authorities extended Kwon’s sentence in order to settle his extradition.
The Controversial Rulings
- A High Court in Montenegro initially approved Kwon’s extradition, but this decision was overturned twice on appeal.
- However, the High Court later reaffirmed its decision and authorized Kwon’s removal to the United States.
- Rodic argues that these rulings were politically influenced and do not align with legal precedent.
Kwon is currently challenging his extradition while his colleague, Chang-Joon, has already been moved to South Korea. The trial against Kwon has begun in South Korea, where a former developer has testified against his leadership at Terraform Labs. In the U.S., proceedings between Terraform and the SEC have been postponed until April 15 to allow Kwon to be present for the hearing.
🔥 Hot Take: The Battle Continues 🔥
The extradition of Do Kwon remains a contentious issue, with his defense lawyer arguing that the ruling is illegal. As this legal battle unfolds, the crypto community eagerly awaits the outcome and its potential impact on Kwon’s future and the Terraform project. Stay tuned for further developments as this story continues to evolve.
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