Terra Founder Do Kwon Appeals Against Extradition to South Korea and US

Do Kwon
Last updated:
Author
Author
Jai Pratap
About Author

Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

Last updated:
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
do-kwon
Source: Terra / YouTube

Terraform Labs co-founder, Do Kwon, has officially filed an appeal against the extradition decision of the High Court in Montenegro.

On December 6, the Montenegrin Court of Appeal confirmed that Kwon Do-hyung submitted an appeal, expressing his refusal to accept the court’s decision to extradite him, as per local media reports.

The appeal triggers a mandatory reexamination of the extradition ruling, compelling the Montenegrin Court of Appeal to review the case.

The timing of Kwon Do-hyung’s appeal introduces uncertainty into the resolution timeline, making it challenging for the Montenegrin Ministry of Justice to finalize a decision on his extradition destination before the set deadline of December 15.

Do Kwon’s Extradition to South Korea and USA

The legal saga dates back to June 15 when the Montenegrin court decided to detain Kwon Do-hyung for extradition for six months, setting the deadline for a final decision on his extradition.

The appeal comes approximately two weeks after Montenegro’s High Court approved the extradition requested by South Korea and the United States.

The court clarified that the decision did not specify whether Kwon Do-hyung would be extradited to Korea or the United States, leaving the final determination to the Montenegrin Minister of Justice.

During the extradition trial, Kwon Do-hyung expressed a desire to be extradited to Korea, according to statements from the court.

Chances of Overturning Extradition Look Slim

Despite Kwon Do-hyung’s appeal, local observers in Montenegro suggest that the chances of overturning the extradition decision are slim.

A local journalist familiar with the legal situation noted that there is a prevailing belief among Montenegrin government officials and judiciary figures that Do Kwon’’s continued detention attracts undue attention.

The Montenegrin Court of Appeal’s forthcoming decision on the extradition appeal will be closely watched as it holds the key to Do Kwon’’s potential extradition either to Korea or the United States.

More Articles

Blockchain News
Worldcoin Launches in the Philippines with World ID Amid Privacy Debate
Hassan Shittu
Hassan Shittu
2025-02-17 11:48:23
Altcoin News
Binance Co-Founder Dismisses Sale Rumors, Blames Competitors for Misinformation
Ruholamin Haqshanas
Ruholamin Haqshanas
2025-02-17 11:39:30
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors