Montenegro Supreme Court Delays Extradition of Terraform Labs Founder Do Kwon to South Korea

  • The extradition process for Do Kwon, the founder of Terraform Labs, has hit a new roadblock.
  • The Montenegro Supreme Court announced a delay to verify the prosecutor’s claims.
  • This delay could significantly impact ongoing legal proceedings in both Montenegro and South Korea.

Do Kwon’s extradition to South Korea is delayed yet again as the Montenegro Supreme Court reviews the prosecutor’s claims, adding further twists to this legal saga.

Supreme Court of Montenegro Halts Extradition Process

The Montenegro Supreme Court has officially postponed Do Kwon’s extradition to South Korea. This new development follows a request filed by the Supreme State Prosecutor’s Office (VDT) on August 2, 2024, which seeks to ensure that all preceding legal procedures adhered to both local and international laws.

Legal Concerns and International Treaties

The prosecutor’s office raised concerns about potential legal violations that may have occurred during the initial rulings by the High Court in Podgorica and the Court of Appeal. The Supreme Court’s panel, led by Judge Seka Piletić, thus decided to halt the extradition until further review. These measures aim to validate whether the decisions align with Montenegrin law and international treaties.

Complexities in the Legal Process

This delay adds layers of complexity to an already intricate legal scenario involving multiple jurisdictions. The halt has also affected the plans of the Montenegrin Police Directorate and Ministry of Justice, as they have to put their preparations on hold until the Supreme Court issues a final decision.

Implications for South Korean and U.S. Authorities

Additionally, the Supreme Court is tasked with examining whether Do Kwon should be extradited to South Korea or the United States, given that both countries have a vested interest in the case. This evaluation will impact the subsequent steps to be taken by the involved jurisdictions.

Conclusion

The delay in Do Kwon’s extradition to South Korea signifies another twist in an already complicated legal narrative. The Montenegro Supreme Court’s thorough review aims to ensure that all legal standards are met, impacting future proceedings in both Montenegrin and international courts.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Consensys’ Lawsuit Against SEC Over Ethereum Dismissed

**Consensys' Lawsuit Against SEC Over Ethereum Dismissed** In a significant...

Terraform Labs Secures Approval for Bankruptcy Completion in Settlement with SEC

Terraform Labs has received approval to finalize its bankruptcy...

Judge Failla Postpones Pre-Trial Conference in SEC vs. Coinbase Case to March 2025

**Judge Failla Delays Pre-Trial Conference in SEC vs. Coinbase...

Decentraland Restores Stolen X Account, Warns Against Fake Airdrops

On September 20, Decentraland, a leading Metaverse platform, announced...

Ethereum Meme Coin BURGER Surpasses $4.5M Market Value with $15M Trading Volume in 18 Hours

According to insights from COINOTAG on September 19, the...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img