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Home Regulations

Montenegrin Supreme Court Postpones Terra Founder Do Kwon’s South Korean Extradition

n70products by n70products
March 23, 2024
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The Supreme Court docket of Montenegro is suspending the extradition of disgraced Terra (LUNA) founder Do Kwon to South Korea.

In line with a new memo, the Supreme Court docket of Montenegro is overturning a earlier ruling that greenlit the extradition course of to ship Kwon again to his homeland of South Korea the place he’s wished for alleged crimes linked to the 2022 downfall of the Terra ecosystem.

The Supreme Court docket argues that the decrease courts didn’t observe the regulation once they initially permitted of Kwon’s extradition.

“Within the particular case, the courtroom, opposite to the regulation, carried out abbreviated, as an alternative of normal proceedings and by exceeding the bounds of its powers, decided on the extradition allow, which is the unique competence of the Minister of Justice.”

Moreover, the Supreme Court docket says the proceedings had been violated when the Court docket of Enchantment didn’t hear the state prosecutor, opposite to the regulation.

“The request for the safety of legality was additionally raised as a result of the Court docket of Enchantment didn’t hear the state prosecutor within the Supreme State Prosecutor’s Workplace within the enchantment process opposite to the provisions of the [law], which stipulates that solely the Supreme State Prosecutor’s Workplace acts earlier than the Appellate Court docket.”

Kwon was initially arrested in Montenegro in March 2023 after trying to board a flight to the United Arab Emirates (UAE) with a cast Costa Rican passport. He’s dealing with felony expenses in america and South Korea associated to the multibillion-dollar downfall of Terra and its stablecoin.

Earlier this month, Kwon’s extradition to america was additionally revoked because of procedural violations.

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