#TrendingTopic #USTCUSDT #LUNC🔥 #LUNA/USTD #$High Court Reversal: Terraform Labs' Do Kwon Faces Extradition to South Korea
In a recent legal turn of events, the High Court in Podgorica has delivered a verdict in favor of extraditing Do Kwon, co-founder of Terraform Labs, to South Korea. This decision marks a significant twist in the protracted legal saga surrounding the former crypto mogul, as the Montenegro Appeals Court overturns a previous ruling favoring extradition to the United States.
Legal Tides Shift: Do Kwon’s Extradition Redirected to South Korea
According to a Vijesti report, the Appeals Court's reversal underscored substantial procedural breaches, pointing to a lack of clear rationale in the High Court's initial decision that initially paved the way for Kwon's swift extradition to the U.S. on various criminal charges. The court opted to annul the U.S. extradition process just two days ago.
With the focus now shifting to South Korea, attention centers on allegations tied to Kwon's involvement with Terraform Labs. The National Police Agency of South Korea sought Interpol's assistance, a move that seemingly influenced the High Court's recent redirection of Kwon's extradition.
Kwon and his business partner faced arrest at Podgorica airport on March 23 last year, setting off a series of legal challenges. The use of forged Costa Rican passports during passport control on a flight to Dubai added a layer of complexity, intertwining criminal acts with the broader implications of their activities in the cryptocurrency sector across two major financial jurisdictions. The unfolding legal drama continues to captivate the crypto community as Do Kwon's fate hangs in the balance.
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