Terraform Labs Co-Founder Appeals Extradition Decision
Do Kwon, co-founder of Terraform Labs, is making a final attempt to appeal a court decision in Montenegro that could result in his extradition. The High Court of Podgorica approved the extradition order, allowing Kwon to be sent to either the United States or South Korea. Kwon’s lawyers have officially appealed this decision, and the Montenegrin Ministry of Justice will review the case and make a final decision by December 15.
Kwon’s Preference for Extradition
In a statement from the High Court of Podogrica, it was revealed that Kwon expressed a preference to be extradited to South Korea rather than the United States. Previously, his lawyers had opposed the extradition requests from the US, citing Kwon’s ongoing detention in Montenegro as a reason for it being “impossible” to deport him before October 13.
Final Decision Pending
The Ministry of Justice will now reexamine the initial extradition order and consider Kwon’s appeal. A final decision on whether he will be extradited is expected by December 15.
Hot Take: Do Kwon’s Extradition Battle Continues
Do Kwon, co-founder of Terraform Labs, is fighting against his potential extradition from Montenegro to either the United States or South Korea. With his lawyers appealing the court decision, the Montenegrin Ministry of Justice will review and reconsider the case before reaching a final decision. This ongoing battle highlights the challenges faced by individuals involved in the cryptocurrency industry when it comes to legal matters and international jurisdiction. As we await the outcome, it remains uncertain where Kwon will ultimately be sent and what impact this case may have on future crypto-related legal proceedings.
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