1 year ago
The Montenegro Court of Appeal has overturned the Podgorica High Court’s determination to extradite Do Kwon, co-founder of Terraform Labs, pursuing his appeal, according to a Dec. 19 update connected the tribunal website.
Initially, the Podgorica High Court had greenlit Kwon’s extradition to either the U.S. oregon South Korea successful November, citing these countries’ compliance with the ineligible criteria indispensable for his extradition.
However, Kwon expressed dissatisfaction and filed an appeal. Subsequently, the tribunal of entreaty voided the extradition order, returning the lawsuit to a little tribunal for a caller trial.
The caller ruling highlighted that the little court’s extradition bid breached circumstantial ineligible provisions. A translated mentation of the announcement reads:
“The sheet of the Appellate Court assessed that that determination was affected by a important usurpation of the provisions of transgression process from Article 386 paragraph 1 point 9 of the CPC, connected which usurpation is reasonably indicated by the entreaty of the defendant’s defence attorneys, due to the fact that the decision does not person reasons for decisive facts, and the reasons fixed are unclear, which is the crushed for its cancellation.”
Moreover, the entreaty tribunal criticized the little tribunal for disregarding Kwon’s stance connected extradition to the U.S.
While uncertainty looms implicit wherever Kwon would beryllium sent, the disgraced crypto tycoon has antecedently expressed penchant to beryllium extradited to South Korea. However, Montenegro’s Minister of Justice reportedly leans towards extraditing him to the U.S.
These developments travel Kwon’s apprehension earlier this twelvemonth successful Montenegro for traveling with forged documents. He was subsequently imprisoned for 4 months.
Meanwhile, the U.S. and South Korea person some filed ineligible actions against Kwon for his alleged relation successful the illness of Terra’s algorithmic UST stablecoin that wiped retired much than $40 cardinal from the industry.
The station Montenegrin appeals tribunal overturns Do Kwon extradition decision appeared archetypal connected CryptoSlate.
English (US) 