ChainCatcher reported that the Montenegrin daily Vijesti reported that the Montenegrin Supreme Court has suspended the extradition process of Do Kwon to South Korea. The decision was made after the Supreme National Prosecutor's Office appealed the legality of the court ruling that previously approved his extradition. The suspension will put the extradition process at a standstill while the Supreme Court reviews the case.
The extradition case involves multiple legal inconsistencies, with the court having previously ruled on Do Kwon's extradition to the United States and South Korea. Do Kwon, accused of orchestrating a $40 billion fraud through the Luna and Terra cryptocurrencies, was arrested in March 2023 and has been awaiting extradition since then. Do Kwon's lawyers criticized the handling of the case, pointing to the existence of multiple judicial decisions and highlighting the consistent legal reasoning of the Court of Appeal as a positive exception. The case has attracted attention for its legal complexity and political implications in Montenegro.
