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Montenegro High Court Approves Terraform Labs Co-Founder's Extradition

Algoine News
Summary:
Do Kwon, co-founder of Terraform Labs, awaits extradition to either South Korea or the US, as authorized by a Montenegro high court. The verdict, which came after Kwon's conviction for using a fraudulent Costa Rican passport, will be ultimately decided by the Montenegrin Minister of Justice.
The ongoing story surrounding Do Kwon, co-founder of Terraform Labs, takes another turn as a court in Montenegro authorizes his extradition to South Korea or the United States. The Podgorica High Court has concluded that the legal prerequisites for Kwon's extradition have been met, as divulged in an official proclamation on the court's website on November 24. Although the court has given the green light for Kwon's extradition either to the U.S. or South Korea, the final verdict will be determined by the Minister of Justice of Montenegro, the announcement underscored. Earlier, Kwon received a four-month prison sentence from a Montenegrin court after being convicted of utilizing a counterfeit Costa Rican passport. The story is still unfolding, and more details will be incorporated as they come to light.

Published At

11/24/2023 9:42:57 AM

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