Summary
TLDR: An appellate court in Montenegro has annulled the decision for Terraform Labs co-founder Do Kwon’s extradition due to procedural violations. This comes after a judge rejected Kwon’s appeal to be extradited to South Korea. The case has been complex, with Kwon being arrested for using falsified travel documents. Kwon and his business partner were found guilty of using fake passports, with Han already being extradited to South Korea. Kwon could be facing lifelong jail sentence if found guilty.
Key Points
1. An appellate court in Montenegro has annulled a previous decision for Do Kwon’s extradition, citing significant violations of criminal procedure.
2. The decision effectively returns the case for retrial, marking another chapter in the saga surrounding the aftermath of Terra’s collapse in May 2022.
3. Montenegro has become a focal point in the jurisdictional tug-of-war between South Korea and the United States regarding Kwon’s extradition, adding complexity to the case.