Do Kwon: A Victory and Uncertain Future
Reports indicate that Do Kwon, co-founder of the crypto project Terra, was recently released from prison in Montenegro on March 23, 2023. After serving time for using fake travel documents, his regular detention has ended, and he is now under the care of the foreign police department.
- Released from prison in Montenegro on March 23, 2023
- Served time for using fake travel documents
- Under the care of the foreign police department
Awaiting Extradition Verdict to South Korea
Following his release, Do Kwon’s passport was confiscated to prevent him from leaving the country. He was then transferred to a foreign reception center while his lawyer expressed intentions to appeal for his freedom until a final decision on extradition to South Korea.
- Passport confiscated to prevent leaving Montenegro
- Transferred to a foreign reception center
- Lawyer intends to appeal for freedom pending extradition decision
Extradition Revoked for the Third Time
In early March, Do Kwon successfully avoided extradition to the USA for the third time. This victory comes as prosecutors in the USA seek to hold him accountable for the collapse of TerraUSD in 2022. The Court of Appeal in Montenegro cited “problems in the process” and “lack of clarity” as reasons for revoking the extradition decision.
- Avoided extradition to the USA for the third time
- Court of Appeal cited “problems in the process” and “lack of clarity”
- Prosecutors seek accountability for TerraUSD collapse in 2022
Hot Take: Your Thoughts on Do Kwon’s Legal Battles?
What do you think about Do Kwon’s legal battles and victories? Share your thoughts on his release from prison, ongoing extradition proceedings, and repeated successes in avoiding extradition. The crypto community awaits further developments in this high-profile case.
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