Terraform Labs Co-founder Do Kwon Appeals Extradition Decision Amid Claims of Political Pressure
Do Kwon, co-founder of Terraform Labs, has once again appealed the Montenegro High Court’s decision to uphold extradition requests from the U.S. and South Korea. His legal team argues that the recent decision by the Montenegro High Court violates legal provisions, the European Convention on Extradition, and the bilateral treaty with the U.S. on extradition.
Rodic said, “We appealed again, and now we are waiting for a new decision of the Court of Appeal.”
Concerns about potential political pressure influencing the court’s decision have been raised by Kwon’s lawyer, Goran Rodic.
He continued, “Apparently, there is also political pressure on the court, all to the detriment of Do Kwon.”
Kwon and an associate were arrested in Montenegro last year on charges of possessing falsified official documents, resulting in a four-month prison sentence. As he serves his sentence in Montenegro, the country is responsible for approving his extradition and determining the destination for the transfer. The extradition case has gained global attention due to Kwon facing criminal charges in both the United States and South Korea.
In the U.S., Kwon’s counsel has requested courts delay the securities fraud trial, which seeks his in-person attendance. Judge Jed Rakoff of the U.S. District Court for the Southern District of New York is expected to decide on the matter soon. If the request is rejected, the trial is set to commence on January 29, 2024, without his presence. In such a scenario, the judge is likely to instruct the jury that Kwon’s absence should not unduly prejudice him, as requested by his counsel.
Kwon’s extradition process, marked by months of delays, recently saw a successful appeal against a Montenegro High Court decision, leading to
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