- The United States government remains committed to pursuing the extradition of Terraform Labs co-founder Do Kwon from Montenegro to the U.S.
- The Justice Department’s determination comes after an appeals court in Montenegro overturned a previous ruling favoring Kwon’s extradition to the U.S.
- Kwon’s legal battle has seen several twists, with the latest decision marking the third win for his defense team.
U.S. Government’s Resolve
The United States Justice Department is unwavering in its pursuit of Terraform Labs co-founder Do Kwon, seeking his extradition from Montenegro. Kwon faces charges related to the $40 billion collapse of the TerraLuna ecosystem in May 2022. Despite a Montenegrin court ordering his deportation to South Korea, the U.S. remains committed to bringing Kwon to face justice on American soil. The Department of Justice emphasized the importance of international and bilateral agreements, along with Montenegrin law, in seeking Kwon’s extradition.
Legal Twists and Turns
The Appellate Court of Montenegro recently overturned a high court ruling favoring Kwon’s extradition to the U.S. The decision highlighted significant violations of criminal procedure provisions, marking the third legal victory for Kwon’s defense. This comes after earlier appeals succeeded due to incorrect applications of legal provisions in the extradition procedures. While the National Police Agency of South Korea has sought Interpol’s assistance in Kwon’s extradition, Interpol’s response remains pending.