In a decision by the Podgorica High Court, ex-Terraform Labs chief executive Do Hyeong Kwon (Do Kwon) is set to be extradited following his four-month incarceration in Montenegro for fabricating travel papers. The extradition bids originate from both the United States and South Korea, with the final determination of Kwon’s destination resting in the hands of the court’s Justice Minister.
Judge Will Decide on Do Kwon’s Extradition
The notorious Do Kwon is poised for extradition upon completing his sentence in Montenegro, though his ultimate destination remains uncertain. A recent press release reveals that South Korea seeks Kwon for engaging in fraudulent and unfair trading activities. Additionally, the U.S. also desires his extradition for similar infractions, including securities fraud and market manipulation.
According to the press release, Kwon agreed to be extradited to South Korea. However, the court noted that due to multiple extradition requests, the Podgorica High Court must make the final determination. “The final decision on the matter will be made by the Minister of Justice of Montenegro,” the announcement specifies.
The announcement from the Podgorica High Court further clarifies, “If the Minister of Justice allows the final extradition of the aforementioned accused, the extradition will be executed after the completion of the criminal sentence imposed by the Basic Court in Podgorica in a case against the same individual for the criminal offense of document forgery.”
What do you think about Do Kwon being extradited? What nation state do you think he will be sent to? Share your thoughts and opinions about this subject in the comments section below.
via Jamie Redman
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