{"id":72910,"date":"2024-03-05T10:55:49","date_gmt":"2024-03-05T14:55:49","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=72910"},"modified":"2024-03-05T10:55:51","modified_gmt":"2024-03-05T14:55:51","slug":"do-kwon-wins-extradition-case-against-us","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/do-kwon-wins-extradition-case-against-us\/","title":{"rendered":"Do Kwon Wins Extradition Case Against US"},"content":{"rendered":"\n

The Appellate Court of Montenegro has once more reversed an earlier ruling by a subordinate court that had ordered the executive's extradition of Terra's founder,\u00a0Do Kwon<\/a>, to the United States.<\/p>\n\n\n\n

\"Do
Do Kwon Wins Extradition Case Against US<\/figcaption><\/figure>\n\n\n\n

Officially, on March 5, the Appellate Court of Montenegro rendered a decision nullifying the High Court of Podgorica's decree that had approved Kwon's extradition to the United States.<\/p>\n\n\n\n

Per the court's records, on February 20, the High Court in Podgorica previously authorized Kwon's extradition to the United States to prosecute him for multiple criminal offenses.<\/p>\n\n\n\n

According to the jury of the Appellate Court, “significant violations of the provisions of criminal procedure” of the local laws compromised the previous order of the High Court in Podgorica.<\/p>\n\n\n\n

The panel stated in the announcement, “There are no clear and valid reasons for decisive facts regarding the letter requesting the order of arrival.”<\/p>\n\n\n\n

Since his detention in Montenegro in March 2023, the most recent ruling by the Appellate Court of Montenegro \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>signifies an additional development in the lengthy history of Kwon's extradition proceedings. <\/p>\n\n\n\n

Terraform Labs' founder's extradition to his native country sparked significant debates as the United States and South Korea issued extradition requests for Kwon shortly after that.<\/p>\n\n\n\n

Preceding December 2023, the Appellate Court of Montenegro revoked Kwon's extradition authorization to either the United States or South Korea because the case warranted a retrial before the Podgorica Basic Court.<\/p>\n\n\n\n

Before November 2023, the High Court of Podgorica established the legal prerequisites for Kwon's extradition. Consequently, the minister of justice of Montenegro retains the ultimate authority to determine Kwon's extradition.<\/p>\n\n\n\n

As the developer of the Terra blockchain, Terraform Labs is infamous for the collapse of the Terra stablecoin <\/a>and the Luna token in May 2022, both of which were allegedly fraudulent. <\/p>\n\n\n\n

The U.S. Security and Exchange Commission has determined that Terraform Labs and its co-founder Kwon were responsible for a fraudulent scheme that resulted in the market wiping off a minimum of $40 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Appellate Court of Montenegro has once more reversed an earlier ruling by a subordinate court that had ordered the executive’s extradition of Terra’s founder,\u00a0Do Kwon, to the United States. Officially, on March 5, the Appellate Court of Montenegro rendered a decision nullifying the High Court of Podgorica’s decree that had approved Kwon’s extradition to […]<\/p>\n","protected":false},"author":1,"featured_media":27010,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[9684,11036,17616],"class_list":["post-72910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-do-kwon-2","tag-extradition","tag-montenegro-court"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-90.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/72910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=72910"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/72910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/27010"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=72910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=72910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=72910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}