News

Montenegro’s Supreme State Prosecutor Challenges Do Kwon’s Extradition

cuk cuk cuk cuk cuk cuk cuk cuk cuk cuk cuk cuk cuk cuk cuk cuk cuk cuk

Former businessman and co-founder of Terraform Labs, Do Kwon is once again facing significant challenges in his extradition to South Korea after Montenegro’s highest prosecutor has disputed the same. 

The Supreme State Prosecutor’s main ground of objection is the jurisdiction of the High Court’s decision, asserting that it may have gone ultra-vires its authority. 

Montenegro’s highest legal authority, the Supreme State Prosecutor, has questioned the High Court’s ruling to extradite Do Kwon to South Korea, arguing that the court may have overstepped its jurisdiction. 

A local report from Montenegro’s Office of the Supreme State Prosecutor has brought out the procedural errors in the extradition process. The report reveals the top prosecutor arguing that the High Court is “going beyond their authority to make a decision on extradition, which is the exclusive right of the Justice Minister.” 

This question of jurisdiction is based on the fact that back in March 2023, Do Kwon was arrested by the Montenegrin authorities during his travel to Dubai, for the alleged use of counterfeit documents. 

This arrest followed the bloody aftermath of Terraform Labs’ collapse in May 2022, which resulted in a staggering $40 billion loss in the crypto market. 

Do Kwon, who faces criminal charges in both the United States and in South Korea, has faced extradition deliberations from the Court of Montenegro since the beginning of his trial. While Han Chang-joon, Kwon’s associate, has already been successfully extradited to South Korea, Kwon’s fate remains uncertain amidst such ongoing appeals. 

Also Read : SHOCKING: UN Exposes North Korea’s $3 Billion Cybercrime Scheme

What’s Next?

An extradition is no simple task and amidst multinational extradition requests of a high-profile case, it is worth viewing what’s going to happen next. While Do Kwon waits for his trial to begin either in the States or in his home nation… Keep up with Coinpedia to see whether Montenegro’s Ministry of Justice will actually suo-moto step into the matter and take cognizance to rule the extradition order. 

SOURCE

Leave a Comment