Do Kwon Appeals Extradition Decision in Montenegro Amid Fraud Charges
Do Kwon, co-founder of Terraform Labs, has once again appealed the Montenegro High Court’s decision to uphold extradition requests from the U.S. and South Korea. His legal team argues that the recent decision violates legal provisions, the European Convention on Extradition, and the bilateral treaty with the U.S. on extradition.
Kwon’s lawyer, Goran Rodic, has raised concerns about potential political pressure influencing the court’s decision. He believes that there is political pressure on the court to the detriment of Do Kwon.
Kwon and an associate were arrested in Montenegro last year on charges of possessing falsified official documents. This resulted in a four-month prison sentence. As he serves his sentence in Montenegro, the country is responsible for approving his extradition and determining the destination for the transfer.
Kwon’s Legal Battles
In the U.S., Kwon’s counsel has requested courts delay the securities fraud trial, which seeks his in-person attendance. The judge is expected to decide on this matter soon. If the request is rejected, the trial will commence on January 29, 2024, without Kwon’s presence.
Kwon’s extradition process recently saw a successful appeal against a Montenegro High Court decision, leading to a retrial. Both Kwon and the SEC have filed for summary judgment in the U.S., seeking a judge’s decision without a trial.
Complex International Legal Battle
The legal battle surrounding Kwon involves multiple jurisdictions and interests. He faces criminal charges in both South Korea and the U.S., including fraud related to the collapse of Terraform Labs.
The Appellate Court of Montenegro annulled the High Court’s decision approving Kwon’s extradition in December 2023. However, the legal proceedings continue, and his legal team has requested an adjournment of the trial until mid-March.
Hot Take: Terraform Labs Co-founder Do Kwon Appeals Extradition Decision Amid Claims of Political Pressure
Do Kwon, co-founder of Terraform Labs, is fighting against the extradition requests from the U.S. and South Korea. His legal team argues that the Montenegro High Court’s decision violates legal provisions and international treaties. There are concerns about potential political pressure influencing the court’s decision. Kwon’s extradition case involves complex international legal dynamics, with multiple jurisdictions and interests at play. The legal battles surrounding Kwon escalated when he faced fraud charges related to the collapse of Terraform Labs. The outcome of this extradition appeal will have significant implications for Kwon’s future legal proceedings in both the U.S. and South Korea.
By
By
By
By