ChainCatcher news, according to Bloomberg, the Montenegrin Appeals Court upheld the ruling that Terraform Labs Pte. co-founder Do Kwon should be extradited back to his home country of South Korea, thus rejecting the suggestion to extradite him to the United States.Thursday's ruling is the latest in a series of decisions from Montenegro, which has been facing dual requests from the U.S. and South Korea for the extradition of the notorious former cryptocurrency mogul. The Podgorica court stated on its website on Thursday that no one has appealed the ruling.The ruling also upheld a fast-track extradition procedure previously issued by another Montenegrin court. After the ruling was announced, Do Kwon's lawyer Goran Rodic responded to Bloomberg, stating that Montenegro would arrange the extradition with the assistance of Interpol and expressed hope that the extradition could be completed "as soon as possible."

ChainCatcher news, according to Protos, Do Kwon's ever-changing extradition case is being sent back to the High Court of Montenegro, which will determine whether the extradition policy established between the United States and the Kingdom of Serbia in 1901 is still applicable. At the time the treaty was signed, Montenegro was not part of the Kingdom of Serbia, but unified with the country in 1918. It remains unclear how international law and local Montenegrin law will interpret this legal standard from over a century ago.Currently under house arrest in Podgorica, cryptocurrency Ponzi scheme orchestrator Do Kwon was arrested in March 2023 while attempting to flee to Dubai, and he has been in a state of ongoing uncertainty. He has been shuttling between prisons, immigration camps, and random accommodations in Montenegro, and decisions regarding his extradition have been overturned multiple times.

ChainCatcher news, according to AFP, the Montenegrin court on Friday revoked the extradition order for cryptocurrency entrepreneur Do Kwon to South Korea, who is wanted by South Korea for the alleged collapse of Terra company worth billions of dollars. The Montenegrin appellate court stated in a statement that the case will be sent back to the first instance court for re-examination and decision.

ChainCatcher news, according to Yonhap News Agency, the Montenegrin court has once again approved the extradition of Do Kwon, with the decision on extradition to be made by Justice Minister Andrija Milović. Andrija Milović has repeatedly expressed a desire to extradite Do Kwon to the United States, thus increasing the likelihood of Do Kwon being extradited to the U.S.Marija Rakovic, the public relations officer of the High Court in Podgorica, stated that the High Court of Montenegro in Podgorica made the decision to agree to the extradition of Do Kwon on Tuesday, noting that the legal requirements for extraditing him to both South Korea and the United States have been met.Previously, the local Supreme Court rejected the decision to extradite Do Kwon to South Korea and restarted the extradition process.

ChainCatcher news, according to official sources, the Montenegrin Court of Appeals has rejected the request by Terraform Labs founder Do Kwon to overturn the ruling that approved his extradition to South Korea. Do Kwon's lawyer Goran Rodic stated that the extradition is now final (to the U.S.), and neither the U.S. nor Kwon can appeal this decision further. He added that there is currently no timeline for when he will be extradited. A spokesperson for the U.S. Department of Justice did not immediately respond to a request for comment.

ChainCatcher news, according to a statement released on Tuesday, imprisoned Terra co-founder Do Kwon has achieved a rare victory as Montenegro's appellate court overturned a lower court's decision in February to extradite him to the United States, citing "significant violations of criminal procedure regulations."It is reported that last month, Kwon appealed the ruling that sent him to the U.S. to face fraud charges related to Terra's $60 billion loss in May 2022. According to the appeal statement, the case is currently being sent back to the lower court for a second review.

ChainCatcher news, according to official documents, the Montenegro Court of Appeals made a ruling on February 7, 2023, after a panel hearing, accepting the appeal from the defendant Do Kwon's defense attorney, overturning the High Court's ruling in this case, and remanding the case back to the first instance court for retrial and judgment. The appellate court pointed out that the original ruling had serious violations, was unclear, and lacked sufficient reasoning.

ChainCatcher news, according to CoinDesk, Terraform Labs co-founder Do Kwon has once again appealed the decision of the Montenegrin High Court to uphold the extradition requests from the United States and South Korea.

ChainCatcher news, according to market news, the Montenegrin court has approved the extradition of Terra founder Do Kwon to South Korea or the United States. The Montenegrin Minister of Justice will make the extradition decision.

ChainCatcher news, in the case of forged passports being heard by the Podgorica District Court in Montenegro, Terraform Labs co-founder Do Kwon stated that his Costa Rican passport was obtained through a Singapore agency recommended by a friend, while the Belgian passport was obtained through another agency.He claimed that he was approved for the Costa Rican passport after being denied the application for a Grenada passport. Do Kwon stated, "If I suspected that was a fake passport, I wouldn't have traveled to many countries."The prosecutor stated, "This is not a passport issued by a legitimate agency, the name on the Belgian passport is different, and the birth date is also different. It is clear that the passport was maliciously created, and we request appropriate punishment for him."After the debate between both parties concluded, the judge announced that a ruling would be made on June 19 at 2 PM. (source link)

ChainCatcher news, the Montenegrin prosecution has appealed the recent decision by the local court to grant bail to Terraform Labs co-founder Do Kwon. Local court officials have confirmed this, stating that three judges are reviewing whether the bail decision is appropriate, which is a normal procedure in appeal cases; since the defendant is already in custody, the court will make a ruling on the appeal as soon as possible.Currently, Do Kwon has not been released and remains detained at a facility on the outskirts of Podgorica, with bail not yet paid. It is expected that the court's final ruling on the prosecution's appeal will determine whether he will be tried without being detained. (Source link)

ChainCatcher news, according to Forkast, based on the court website of Podgorica, the capital of Montenegro, former Terraform Labs CEO Do Kwon will attend a court hearing in Montenegro on May 11, charged with the crime of forgery of documents.Previously, it was reported that Do Kwon was arrested in Montenegro in March at the airport for passport forgery. On April 20, news emerged that the Montenegrin prosecutor charged Do Kwon with forgery of documents and requested an extension of his detention period. (source link)

ChainCatcher news, a relevant person from the Southern District Prosecutors' Office in Seoul, South Korea, refuted the claim made by the Montenegrin Ministry of Justice that "the U.S. extradition request for Terraform Labs CEO Do Kwon was made before South Korea." The person stated, "Our Ministry of Justice submitted a request for the extradition of the criminal to Montenegro on March 24, while the U.S. made its request on the 25th. The day after Do Kwon was arrested on March 23, the Ministry submitted the extradition request via email and international courier." He also mentioned that the final extraditing country will be determined by the Montenegrin court, and it cannot be said which country would benefit. (source link)