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The extradition of disgraced Terra (LUNA) founder Do Kwon to the US and South Korea has been accredited by a court docket in Montenegro.
In a brand new press launch, the Increased Courtroom of Podgorica has ruled that the authorized necessities wanted for extraditing Kwon to the US and South Korea have been met.
“It was established that the authorized conditions for the extradition of the citizen of the Republic of South Korea, the defendant KDH (Do Kwon), had been met, on the request of the Ministry of Justice of the Republic of Korea dated March 29, 2023…
The identical choice establishes that the authorized conditions for the extradition of the identical defendant have been met, on the request of the Ministry of Overseas Affairs of the USA of America.”
Kwon was initially arrested in Montenegro in late March after making an attempt to board a flight to the United Arab Emirates (UAE) with a Costa Rican passport that was allegedly solid.
He was sentenced to 4 months in jail, however authorities in each the USA and South Korea wished him extradited to face expenses stemming from the $40 billion crash of the Terra ecosystem in 2022.
The Montenegrin court docket says that although Kwon has given approval to be extradited, it nonetheless felt the necessity to make a ruling on the matter.
“Within the rationalization of the aforementioned choice, it was identified that the truth that the defendant KDH gave his consent to be extradited to the competent authorities of the Republic of South Korea below a shortened process, nevertheless, the Excessive Courtroom in Podgorica discovered that it ought to nonetheless be determined.”
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