Do Kwon Crypto Fraud Charges: USA, South Korea Prosecutors Battle for Extradition of TerraUST Founder

Do Kwon Crypto Fraud Charges: USA, South Korea Prosecutors Battle for Extradition of TerraUST Founder

A report from Montenegrin news outlet Vijesti on May 24 revealed that the country’s court of appeals had accepted arguments from Kwon’s lawyers and sent the extradition decision back to the High Court for a retrial and decision. This appeal marked the latest legal maneuver by Kwon’s team to delay his transfer to either the U.S. or South Korea, where he would face criminal charges.

“If the person whose extradition is sought gives his consent to extradition, it is a shortened procedure that has to be applied and in which case the court decides on extradition,” Montenegro’s court of appeals stated in its decision. They added, “The first-instance court was obliged to hear the defendant again while ensuring the fulfillment of guarantees that the person whose extradition is sought gave consent voluntarily, was aware of its consequences, and that the given consent cannot be revoked.”

Authorities in Montenegro arrested Kwon in March 2023 for using falsified…
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