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Do Kwon’s Extradition Put on Hold

source-logo  financemagnates.com 19 December 2023 10:11, UTC

The Court of Appeal of Montenegro has overturned a decision allowing for the extradition of Do Kwon, the Former CEO of Terra, to either the United States or South Korea. Instead, Kwon has been granted an appeal against this matter based on a procedural error.

According to a report by Coindesk, citing documents shared by the court on Tuesday, the investigating judge overseeing the case failed to grant Kwon the opportunity to present his stance regarding the extradition request from the United States. This is a mandatory step provided in the law.

This oversight led to the successful appeal by Kwon's defense, redirecting the case to the Podgorica Basic Court for a retrial. This reversal marks a pivotal moment in the legal battle ensnaring Kwon, who faces imprisonment in Montenegro over charges involving falsified documents.

financemagnates.com