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In a gripping turn of events, the Montenegrin court has once again given the green light to extradite Kwon Do-hyeong, a central figure in the infamous cryptocurrency crash involving Terra Luna. This decision reignites the legal saga surrounding his potential extradition, following a recent ruling that invalidated the previous verdict, prompting a fresh evaluation of the extradition process.

The Battle Resumes!

After a period of uncertainty, the Podgorica High Court in Montenegro has reaffirmed Kwon’s extradition, asserting that all legal prerequisites for extradition to both Korea and the United States have been satisfactorily met. However, the ultimate decision rests with Justice Minister Andrej Milovic.

According to reports from local dailies, Bjesti and Pobeda, the Montenegrin court’s decision signals a significant step forward in the extradition proceedings.

“The Podgorica High Court in Montenegro decided to permit the extradition of Mr Kwon, saying that the legal requirements for extradition ‘to Korea and the United States’ were met,”

Read More: Do Kwon Out of Jail, But Not Out of Trouble: SEC Crackdown Incoming!

So, What Next?

Despite the court’s ruling, Kwon’s legal team has a narrow window of opportunity to contest the decision, with the option to lodge an appeal within three days. Speculation abounds regarding the potential destination of Kwon’s extradition, with suggestions pointing towards the United States, particularly given Minister Milovic’s apparent inclination towards this outcome.

Kwon’s journey from his sudden disappearance following the Terra Luna crash to his subsequent arrest in Montenegro, via the UAE and Serbia, has been nothing short of a legal spectacle.

Political Implications

Minister Milovic’s remarks regarding the United States as a pivotal foreign policy partner raise questions about the geopolitical dimensions of Kwon’s extradition.

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