Montenegro Court Approves Do Kwon’s Extradition to South Korea

CoinEdition · 2024-08-03T05:13:04.000Z

Montenegro approves Do Kwon’s extradition to South Korea over Terraform Labs’ collapse. Court rejects U.S. extradition request in high-profile cryptocurrency fraud case. Do Kwon to face South Korean justice for TerraUSD collapse and alleged securities scam. Bloomberg reports that the Montenegro Appellate Court has approved the extradition of Do Kwon, the co-founder of Terraform Labs, to South Korea to face charges related to the TerraUSD collapse. This ruling, announced on August 1, rejects a competing request from the United States. Consequently, Kwon will face legal proceedings in his home country rather than in the U.S. The court’s decision follows a series of legal challenges. Earlier, Montenegro’s Supreme Court had overturned a prior decision approving Kwon’s extradition to South Korea. The case was referred back to the Higher Court in Podgorica. This sparked a protracted legal battle between South Korea and the U.S., each vying for jurisdiction over the high-profile cryptocurrency fraud case. SEC vs Terraform Labs: Montenegro Appeals Court Halts Do Kwon’s Extradition for Retrialhttps://t.co/fk3qFYAVbp — John Morgan (@johnmorganFL) May 25, 2024 The Podgorica-based appellate court confirmed the extradition ruling as final, upholding a fast-track extradition procedure set by an earlier ruling. Therefore, there will be no further appeals against this decision. Following the court’s decision, Goran Rodic, Kwon’s lawyer, indicated that Montenegro will coordinate the extradition with Interpol. Consequently, he anticipates a swift extradition process. Kwon was detained at Podgorica airport on March 23, 2023, while attempting to travel to Dubai using a fake passport. He served a four-month sentence for forgery and has since been held in a detention center near Podgorica. A man believed to be crypto fugitive Do Kwon, creator of the failed TerraUSD stablecoin, has been arrested in Montenegro. The person was detained at Podgorica airport with falsified documents.Do Kwon is wanted by authorities in multiple countries. More: https://t.co/svN17uioy1 pic.twitter.com/2B2e79lZC7 — Bloomberg Crypto (@crypto) March 23, 2023 Notably, Kwon is wanted in both South Korea and the United States for his alleged role in a major securities scam connected to the TerraUSD collapse. Terraform Labs, the startup he co-founded, created the TerraUSD stablecoin, which blew up in May 2022, rattling the crypto market. The Montenegrin courts have faced conflicting demands from the U.S. and South Korea since Kwon’s arrest. However, the recent appellate court decision marks a significant development in resolving his extradition saga. The post Montenegro Court Approves Do Kwon’s Extradition to South Korea appeared first on Coin Edition.

由于 Terraform Labs 倒闭，黑山批准将 Do Kwon 引渡到韩国。
法院拒绝美国关于备受瞩目的加密货币欺诈案的引渡请求。
Do Kwon 因 TerraUSD 崩溃和涉嫌证券诈骗将接受韩国司法审判。
据彭博社报道，黑山上诉法院已批准将 Terraform Labs 联合创始人 Do Kwon 引渡至韩国，接受与 TerraUSD 崩盘有关的指控。这项于 8 月 1 日宣布的裁决驳回了美国的竞争请求。因此，Kwon 将在其祖国而非美国接受法律诉讼。
法院的裁决是在一系列法律挑战之后做出的。此前，黑山最高法院推翻了先前批准将权引渡到韩国的决定。该案转回波德戈里察高等法院。这引发了韩国和美国之间旷日持久的法律斗争，双方都在争取对这起备受瞩目的加密货币诈欺案的管辖权。
SEC 与 Terraform Labs：黑山上诉法院停止引渡 Do Kwon 进行重审https://t.co/fk3qFYAVbp
— 约翰摩根 (@johnmorganFL) 2024 年 5 月 25 日
波德戈里察上诉法院确认引渡裁决为最终裁决，维持先前裁决规定的快速引渡程序。因此，不会再针对这项决定提出上诉。
法院做出裁决后，权某的律师戈兰‧罗迪奇表示，黑山将与国际刑警组织协调引渡事宜。因此，他预计引渡程序会迅速展开。权于 2023 年 3 月 23 日在波德戈里察机场被拘留，当时他试图使用假护照前往杜拜。他因伪造文件被判四个月徒刑，此后一直被关押在波德戈里察附近的一个拘留中心。
一名被认为是加密货币逃亡者 Do Kwon 的男子在黑山被捕，他是失败的 TerraUSD 稳定币的创造者。该人因持有伪造证件在波德戈里察机场被拘留。更多：https://t.co/svN17uioy1 pic.twitter.com/2B2e79lZC7
— Bloomberg Crypto (@crypto) 2023 年 3 月 23 日
值得注意的是，Kwon 因涉嫌参与与 TerraUSD 崩盘有关的重大证券骗局而在韩国和美国受到通缉。他与他人共同创立的新创公司 Terraform Labs 创建了 TerraUSD 稳定币，该稳定币于 2022 年 5 月爆发，震惊了加密货币市场。
自权被捕以来，黑山法院一直面临美国和韩国相互矛盾的要求。然而，上诉法院最近的裁决标志著解决他的引渡事件的重大进展。
黑山法院批准将 Do Kwon 引渡到韩国的贴文首先出现在 Coin Edition 上。

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