According to Foresight News, a Montenegro court has revoked the extradition order for cryptocurrency entrepreneur Do Kwon, who is wanted in South Korea over allegations related to the collapse of Terra company, involving billions of dollars. The Montenegro Appeals Court stated in a declaration that the case will be returned to the first instance court for a retrial and decision.
The court's decision marks a significant development in the ongoing legal saga involving Kwon. The South Korean authorities have been seeking his extradition in connection with the financial collapse of the Terra company, which reportedly involved billions of dollars. The case will now be sent back to the initial court for further examination and a new ruling.
This latest development provides a temporary reprieve for Kwon, but the legal proceedings are far from over. The case's return to the first instance court indicates that the legal battle is set to continue, with the potential for further twists and turns in the future.
