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Home Regulations

Montenegrin Supreme Court Postpones Terra Founder Do Kwon’s South Korean Extradition

by n70products
March 23, 2024
in Regulations
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The Supreme Courtroom of Montenegro is suspending the extradition of disgraced Terra (LUNA) founder Do Kwon to South Korea.

In accordance with a new memo, the Supreme Courtroom of Montenegro is overturning a earlier ruling that greenlit the extradition course of to ship Kwon again to his homeland of South Korea the place he’s needed for alleged crimes linked to the 2022 downfall of the Terra ecosystem.

The Supreme Courtroom argues that the decrease courts didn’t comply with the legislation after they initially authorised of Kwon’s extradition.

“Within the particular case, the court docket, opposite to the legislation, carried out abbreviated, as a substitute of normal proceedings and by exceeding the boundaries of its powers, decided on the extradition allow, which is the unique competence of the Minister of Justice.”

Moreover, the Supreme Courtroom says the proceedings have been violated when the Courtroom of Enchantment didn’t hear the state prosecutor, opposite to the legislation.

“The request for the safety of legality was additionally raised as a result of the Courtroom of Enchantment didn’t hear the state prosecutor within the Supreme State Prosecutor’s Workplace within the enchantment process opposite to the provisions of the [law], which stipulates that solely the Supreme State Prosecutor’s Workplace acts earlier than the Appellate Courtroom.”

Kwon was initially arrested in Montenegro in March 2023 after making an attempt to board a flight to the United Arab Emirates (UAE) with a cast Costa Rican passport. He’s going through prison costs in the USA and South Korea associated to the multibillion-dollar downfall of Terra and its stablecoin.

Earlier this month, Kwon’s extradition to the USA was additionally revoked because of procedural violations.

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Tags: CourtExtraditionFounderKoreanKwonsMontenegrinPostponesSouthSupremeTerra
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