1 year ago
Do Kwon, the ex-CEO of Terraform Labs, is acceptable to walk 2 months successful Montenegro custody aft the country’s High Court moved his merchandise day to Feb. 15, 2024. While Do Kwon reportedly prefers being sent to South Korea, Montenegro’s justness curate is said to beryllium leaning towards sending him to the United States.
Do Kwon Facing Multiple Extradition Requests
The High Court successful Montenegro has extended the detention of Do Kwon, the laminitis and erstwhile CEO of Terraform Labs, by 2 months, according to a Bloomberg report. The court’s ruling followed extradition requests forwarded by the U.S. and South Korea.
Marija Rakovic, the Podgorica High Court’s spokeswoman, revealed connected Dec. 12 that Do Kwon’s custody word is present acceptable to extremity connected Feb. 15, 2024. The determination to prolong the Terraform Labs founder’s word successful custody comes conscionable a fewer weeks aft the High Court ruled successful favour of his extradition.
As reported by Bitcoin.com News, Do Kwon had agreed to beryllium extradited to his autochthonal country, South Korea. However, since determination were aggregate requests for his extradition, the Podgorica High Court yet deferred the determination to find Do Kwon’s adjacent destination to Montenegro’s Justice Minister.
However, a Wall Street Journal report connected Dec. 7 citing unnamed sources said that the Justice Minister is leaning toward extraditing the ex-Terraform Labs CEO to the United States. Do Kwon’s ineligible representatives person reportedly appealed against the High Court’s extradition ruling. According to Rakovic, the appellate court, besides located successful Podgorica, is presently considering Do Kwon’s appeal.
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