Do Kwon arrested

[Lucius]

I'm telling you that in that country (as well as in most Balkan countries) everyone and everything has its price, and Montenegrin (Serbian) politicians are not the brightest when it comes to making enemies. I already wrote that according to Montenegrin law, the US has priority in extradition because they were the first to request it, but some people are obviously too stubborn to understand that. Let them just play smart, but when the US sends them a secret agent Jason Bourne, then they will see who they are kidding

In the meantime, a little recreation in the Parliament of Montenegro - maybe it's about Do Kwon

[1714520849]

1714520849

[zasad@]

Most likely, the issue of Do Kwon's extradition will be decided by the Constitutional Court. In my country, this is a very long undertaking, and since the Constitutional Court is very busy, cases can last for years, and if desired, this process can be extended. Stocking up on tons of popcorn

[zasad@]

Breaking News
https://fortune.com/2024/03/23/crypto-fugitive-do-kwon-montenegro-jail-terrausd-terraform-lab/

"South Korean crypto fugitive Do Kwon was released from prison in Montenegro early Saturday as the Supreme Court deliberates on extradition requests from US and South Korea.

“We released Do Kwon from prison as his regular prison term for traveling with fake papers ended,” prison director Darko Vukcevic said by phone. “Since he is a foreign citizen and his documents were withheld, he was taken for an interview to police directorate for foreigners, and they will deal with him further.” "

Will Do Kwon run away from Montenegro?

[safar1980]

Montenegro’s top court orders another review in the case of cryptocurrency mogul Do Kwon

PODGORICA, Montenegro (AP) — Montenegro’s top court said Friday it has overturned a decision to hand over a South Korean mogul known as “the cryptocurrency king” to his native country.

The move marks yet another twist in a months-long legal saga in the case of Do Kwon, the Terraform Labs founder arrested in Montenegro last year.

Both South Korea and the U.S. had requested Do Kwon’s extradition from Montenegro.

Montenegrin courts first had ruled in favor of the U.S. but the ruling was later overturned in favor of South Korea’s request. The Supreme Court said Friday that a lower court should repeat the procedure again and that the final decision lies with Montenegro’s justice minister.

Kwon was charged in the U.S. with fraud by federal prosecutors in New York over a $40 billion crash of Terraform Labs’ cryptocurrency, which devastated retail investors around the world.