U.S. authorities will proceed to hunt the extradition of Do Kwon regardless of a Montenegro court docket ruling in favor of an extradition to South Korea, Bloomberg has reported.
The extradition saga has seen a number of appeals of choices, and for the time being, it’s unclear whether or not Do Kwon will attraction the newest choice.
The U.S. will attraction the ruling of a Montenegro Court docket handy Terraform Labs co-founder Do Kwon to South Korea, in accordance with Bloomberg.
On Thursday, Kwon’s lawyer, Goran Rodic, informed CoinDesk by way of textual content {that a} Montenegro court docket had dominated to extradite him to South Korea after March 23 with out indicating whether or not he can be interesting.
“The USA continues to hunt Kwon’s extradition in accordance with related worldwide and bilateral agreements and Montenegrin legislation,” the Justice Division mentioned in a press release Thursday, Bloomberg reported. “The USA appreciates the cooperation of the Montenegrin authorities in making certain that each one people are topic to the rule of legislation.”
The U.S. and Kwon’s native South Korea have been battling it out in court docket, in search of his extradition.
The eyes of worldwide authorities, together with Interpol, have been on Kwon ever since Terra collapsed in mid-2022. Terra’s collapse worn out billions of {dollars} of investor funds, and Kwon fled to Montenegro, the place he was arrested for possession of falsified official paperwork. The courts in Montenegro are deciding the vacation spot of his extradition.
The U.S. Division of Justice didn’t instantly reply to a CoinDesk request for remark.
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