Hey there! According to recent news, Montenegro’s Constitutional Court has unanimously rejected an appeal filed by Terraform Labs co-founder Do Kwon regarding his extradition over legal issues. This decision clears the way for the country’s justice minister to decide on Kwon’s extradition destination, which is now expected to be the United States.
Kwon is wanted in both South Korea and the United States due to his alleged involvement in the collapse of the TerraUSD (UST) and Luna tokens earlier this year. While South Korean authorities have shown strong interest in prosecuting him, the US has been particularly vocal about holding him accountable.
The Appellate Court had previously upheld a decision to prioritize South Korea’s extradition request over the US’. However, there were concerns raised about political interference in this process, with some suggesting that the extradition could be used as leverage for a 30-year concession for the country’s airports with South Korea.
This news highlights the ongoing battle between South Korea and the US over who will get to prosecute Kwon. It also serves as a reminder of the global reach and consequences of the Terraform collapse.
Source
The post Montenegro Rejects Terraform Co-Founder Do Kwon’s Extradition Appeal; US Seeks Accountability for Collapse appeared first on CoinBuzzFeed.
