Do Kwon escapes US extradition as Montenegro’s Court overturns verdict

6 months ago 25
ARTICLE AD

The case was sent back for a new hearing with a requirement for a clearer and more complete analysis of all relevant details.

Do Kwon, the founder of Terra, has successfully avoided extradition to the US, as the Montenegrin Appeals Court overturned last month’s Supreme Court decision. The court’s ruling, announced on Tuesday, accepted the appeal of Kwon’s defense team, citing significant procedural violations in the initial extradition process.

The case, initially decided by the Higher Court in Podgorica, had approved the extradition of Kwon to the US for multiple financial offenses. However, the Appeals Court found that the first-instance court’s decision lacked clear reasoning regarding the order in which the extradition requests were received, a crucial factor in the case.

According to the Appeals Court, the first-instance court based its decision solely on the arrival dates of documents with receipt stamps instead of considering all relevant information. They ignored documents suggesting the US request might have arrived after the South Korean request.

Additionally, the first-instance court did not analyze the content of a key document from the Ministry of Justice. This document showed that the US initially requested temporary detention, not extradition, which are different legal procedures. The Appeals Court questioned the classification of a US document requesting temporary detention as an extradition request.

Due to the identified legal issues, the Appeals Court deemed the initial decision flawed and returned the case for a new hearing, demanding a more thorough examination of all relevant details.

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Read Entire Article