Extradition Case Of Do Kwon Sent Back To High Court After Appeal

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

The High Court will reconsider whether to send Do Kwon to South Korea or the US because the Appeal Court in Montenegro accepted an appeal from the Co-Founder of Terraform Labs and his lawyers.

It was reported that the country’s Court of Appeal agreed with the claims from Kwon’s lawyers. This move cancelled a prior ruling by the Supreme Court, which instructed the case to be sent back for a new trial.

This action is the latest plan from Kwon’s team to delay his extradition to either South Korea or the US, where he is facing many criminal charges.

The Case Would Be Reviewed To Ensure Kwon’s Extradition Was Voluntary

The first decision from the High Court in Podgorica on April 8 this year noted that Kwon, who is from South Korea, could be sent back for trial. The Appeal Court discovered that this choice needed more essential facts. The High Court didn’t give good reasons for its decision; it just repeated an earlier ruling by the Supreme Court without explaining it properly.

The Appeal Court emphasized that making a clear verdict based on factual and legal issues is important. When several countries ask to send back the same person, specific rules help make the decision.

These rules are explained in agreements between nations, like the 1901 agreement between the United States and Serbia and the European Convention on Extradition. It’s said that the first court didn’t thoroughly look into these aspects in Kwon’s case.

The High Court will now decide on the case, ensuring that Kwon agrees to extradition willingly and with complete understanding and cannot change his mind. Montenegro’s High Court is now in a critical position. The upcoming verdict will determine if Do Kwon will face consequences in South Korea or the United States.

The Supreme State Prosecutor’s Office Argued Against The High Court’s Verdict

In March, Montenegro’s Supreme State Prosecutor’s Office argued against the High Court’s verdict to send Kwon to South Korea. The top prosecutor argued that the High Court acted beyond its power by choosing a quick process to send Kwon to South Korea, skipping a more complete legal procedure.

The appellate court agreed with the verdict of the High Court. The Supreme State Prosecutor asked the Supreme Court to review the case, arguing that only the Minister of Justice can give final judgment in these cases.

The United States also asked for Kwon’s extradition, accusing him of eight charges and showing a readiness to put him on trial even if he’s not present. Moreover, the US Securities and Exchange Commission has sued Kwon and Terraform Labs for civil offenses.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.