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The Montenegrin court once again approved the extradition of Do Kwon, one of the key figures in the Terra (LUNA) cryptocurrency collapse, leaving the final decision to the Minister of Justice Andrej Milovic. This decision came after the local Supreme Court canceled Kwon's extradition to South Korea and restarted the process.
The Supreme Court of Podgorica ordered Kwon's extradition and stated that the legal requirements for extradition “to South Korea and the United States” had been met. The final decision on extradition will be made by Minister of Justice Andrej Milovic.
The Supreme Court of Podgorica decided to extradite Kwon in November last year. However, the decision to repeat the extradition examination was made possible by the Supreme Court's decision annulling the previous decision.
The Supreme Court ruled that the court's jurisdiction was limited to determining whether the legal requirements for extradition were met. Accordingly, the Supreme Court of Podgorica repeated the existing procedure and ordered the extradition of Mr. Kwon.
While Kwon's appeal process is ongoing, there are observers who believe that Kwon's extradition to the United States has become more likely because Montenegrin Justice Minister Milovic has repeatedly stated that he wants Kwon extradited to the United States.
Kwon's defense has three days to appeal from the date of receipt of the translated decision of the Supreme Court of Podgorica. It is not yet known whether Kwon will appeal.
Kwon, who went to Montenegro, was arrested on March 23 last year after his fake passport was discovered at the local airport. Kwon, who was sentenced to four months in prison for using a fake passport, was released from prison on March 23 and transferred to a detention center for foreigners.
*This is not investment advice.