PANews reported on August 1 that according to Bloomberg, the Montenegrin Court of Appeal upheld the ruling that Terraform Labs Pte. co-founder Do Kwon should be deported to his native South Korea, rejecting the suggestion to deport him to the United States. Thursday's ruling is the latest in a series of rulings in Montenegro, which has been facing dual requests from the United States and South Korea to extradite the disgraced former cryptocurrency tycoon.
The Podgorica court said in a statement on its website on Thursday that no one had appealed the ruling. The ruling also upheld a fast-track extradition procedure previously issued by another Montenegrin court. After the ruling was announced, Do Kwon's lawyer Goran Rodic responded to Bloomberg and said Montenegro would arrange the extradition with the assistance of Interpol and expressed the hope that the extradition could be completed "as soon as possible."
