Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court
Summary
A Montenegro appeals court has denied an appeal from Terraform Labs founder Do Kwon to overturn a ruling approving his extradition to South Korea. The high court in Montenegro had previously ruled that Kwon could be extradited to South Korea to face criminal charges related to the collapse of his multi-billion dollar cryptocurrency business in May 2022. Kwon's lawyer, Goran Rodic, confirmed that the extradition decision is final and cannot be further appealed by either Kwon or the U.S. The timeline for Kwon's extradition is yet to be determined. Kwon had previously successfully appealed high court decisions approving his extradition to the U.S. The U.S. Department of Justice plans to continue seeking Kwon's extradition to the U.S.
