Court Approves Extradition of Terra Ecosystem Founder
A court in Montenegro has granted the extradition of Do Kwon, the founder of the Terra ecosystem, to either South Korea or the United States. The final decision on which country Kwon will be extradited to lies with Montenegro’s Minister of Justice.
Kwon and Associate Found Guilty
Kwon was arrested at an airport in Montenegro in March for attempting to travel to Dubai with falsified documents. Alongside him, his associate Han Chang-Joon was also apprehended. The authorities seized multiple passports, identity cards, laptops, and other digital devices during their arrest. Both Kwon and Joon were sentenced to four months in jail after being found guilty of forgery charges by a Basic Court in Montenegro.
Extradition to South Korea Appears More Likely
Reports suggest that Do Kwon has agreed to be deported to South Korea under an abbreviated procedure. However, the final decision on his extradition lies with Montenegro’s justice minister. The determination will only be made after Kwon serves his sentence for document forgery.
United States and South Korea Compete for Extradition
Now that the extradition order has been granted, the question remains: who will gain custody of Do Kwon? South Korea issued an arrest warrant for him in September 2022, while US federal prosecutors indicted him with multiple charges. The decision on where he will be extradited depends on various factors, including the severity of the offense and the order of extradition requests received.
Hot Take: Uncertain Fate for Do Kwon
Do Kwon, the founder of Terra ecosystem, faces an uncertain future as his extradition is approved by a court in Montenegro. With both South Korea and the United States seeking his custody, the decision now rests with the country’s Justice Minister. Kwon’s arrest for document forgery and subsequent guilty verdict have complicated matters further. As the legal proceedings unfold, it remains to be seen which country will ultimately gain control over Kwon and bring him to justice.