Fun

Montenegro’s Supreme Court sends Do Kwon’s extradition case back to lower court

News Feed - 2024-04-06 12:04:51

Turner Wright8 hours agoMontenegro’s Supreme Court sends Do Kwon’s extradition case back to lower courtThe High Court in Podgorica could decide whether the Terraform co-founder is sent to the United States or his native South Korea to face criminal charges.5875 Total views4 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe Supreme Court of Montenegro has annulled a decision from the country’s lower courts affecting the extradition of Terraform Labs co-founder Do Kwon to either the United States or South Korea.


In an April 5 notice, Montenegro’s Supreme Court said it had approved a request for a protection of legality against a lower court decision that would have allowed Kwon’s extradition to South Korea. Prosecutors who made the request argued that an appellate court violated procedure in rejecting an appeal from Kwon’s legal team, placing the final decision on the Supreme Court.


“In a situation where it is a matter of competing requests from two states for the extradition of the same person, and not a conflict of requests for the extradition of the same person, as found by the lower courts, the court’s obligation is to determine, in accordance with its powers, whether the legal conditions for extradition have been met the defendant in relation to each petition individually, after which the competent minister, not the court, decides on the permission and order of priority of extradition,” said the ruling.


The Supreme Court said the decision of Kwon’s extradition would return to the High Court in Podgorica, which could decide whether the Terraform co-founder is sent to the U.S. or his native South Korea. He faces criminal charges in both countries but has been in Montenegro since his arrest in the country in March 2023 for using falsified travel documents. Kwon reportedly remains free to travel within Montenegro until the courts decide on his extradition case.


Related:Here are the next biggest crypto court cases with the SBF saga over


With the absence of Kwon, lawyers representing the U.S. Securities and Exchange Commission have moved forward with a jury trial against Terraform and the co-founder in March. Some of Kwon’s previous statements have been read into the record at trial. The case was ongoing at the time of publication.


While Kwon remains in Montenegro, Terraform Labs’ former chief financial officer Han Chang-joon — also arrested in March 2023 — was extradited to South Korea. South Korean authorities have indicted several individuals connected to Terraform Labs, including co-founder Hyun-seong Shin.


Magazine:‘SEAL 911’ team of white hats formed to fight crypto hacks in real time# Law# Court# Terra# Regulation# Do KwonAdd reactionRead moreAdvocacy groups warn of ‘adverse repercussions’ for crypto in case against Tornado Cash co-founderTerraform Labs and Do Kwon found liable for fraud in SEC caseTerraform Labs was ‘built on lies’ — SEC at trial

News Feed

William Suberg13 hours agoBTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this weekBitcoin on-chain data is pointing to “up only” as BTC price action fights to eke out an uptrend below fierc
NFT Market Sales Begin to Improve After Last Week’s Massive Market Slump
NFT Market Sales Begin to Improve After Last Week"s Massive Market Slump Seven days ago, non-fungible token (NFT) marketplaces saw sales nosedive after reaching all-time highs duri
Report: Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies
Report: Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies About 53% of South Africans have little to no knowledge about cryptocurrency, while on
Spain Reduces ATM Numbers to 2002 Levels as Country Moves to Digital Payments
Spain Reduces ATM Numbers to 2002 Levels as Country Moves to Digital Payments The number of ATMs in Spain has been progressively shrinking to levels the country saw in the year 200
Hashdex to begin trading its spot Bitcoin ETF with ticker ‘DEFI’
Felix Ng43 minutes agoHashdex to begin trading its spot Bitcoin ETF with ticker ‘DEFI’Hashdex will be the 11th entrant to a competitive spot Bitcoin ETF race in the U.S. dominated by BlackRock and Fidelity.312 Total
OpenAI inks deal with Time while facing added lawsuit from news nonprofit
Tristan Greene3 hours agoOpenAI inks deal with Time while facing added lawsuit from news nonprofitThe nonprofit suing OpenAI produces the Mother Jones and Reveal news websites.705 Total views20 Total sharesListen to arti
Raydium Breaks Key Level Showing Relative Strength – New Highs Next?
Este artículo también está disponible en español. Raydium (RAY) has had an exceptionally bullish week, surging over 62% in less than six days and capturing the spotlight
Nivesh Rustgi6 hours agoXRP price searches for a fresh bullish catalyst to trigger a move above $1XRP’s price rallied in excess of 100% after Ripple’s victory last week, but do fundamentals support a move to $1 and b
Nigerian Mobility Fintech Secures $20 Million From British Development Finance Institution
Nigerian Mobility Fintech Secures $20 Million From British Development Finance Institution A Nigerian fintech, Moove, recently secured a $20 million investment from British Interna
Arrested Binance exec pleads not guilty to charges in Nigeria
Helen Partz11 hours agoArrested Binance exec pleads not guilty to charges in NigeriaA Nigerian court rejected Tigran Gambaryan’s defense argument and ruled that he acted as Binance’s representative in past trips to N
Was Warren Buffett right? 5 Things to know in Bitcoin this week
William Suberg59 minutes agoWas Warren Buffett right? 5 Things to know in Bitcoin this weekBitcoin sees a giant $30,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway"s Apple sale takes on new meaning
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power