Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»TRADING NEWS»Montenegro Court of Appeal cancels Do Kwon’s extradition
TRADING NEWS

Montenegro Court of Appeal cancels Do Kwon’s extradition

By Crypto FlexsFebruary 8, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Montenegro Court of Appeal cancels Do Kwon’s extradition
Share
Facebook Twitter LinkedIn Pinterest Email
  • The Montenegrin court canceled Kwon Do-hyung’s extradition on grounds of violation of procedures.
  • After being sentenced in Montenegro, former Terra CFO Han Chang-jun was repatriated to Korea.
  • The postponement of the US SEC trial suggests legal action may be taken during the extradition proceedings.

The Montenegrin Court of Appeals canceled the decision to extradite Terra co-founder Kwon Do-yoon to South Korea and the United States. The decision follows a series of legal battles and extradition attempts over allegations related to Terra’s stablecoin collapse. This follows a similar decision by Montenegro’s Court of Appeal in November 2023 before Montenegro’s High Court upheld Do Kown’s extradition request for a second time in December.

Meanwhile, Chairman Kwon’s former CFO, Han Chang-jun, was extradited to Korea with the possibility of life imprisonment.

I don’t understand Mr. Dokwon’s guidance.

The Court of Appeals approved Kwon Do’s second appeal against extradition, citing serious violations of the provisions of the Criminal Procedure Act. The appeals court ruled that Kwon’s extradition decision was unconvincing and that South Korea and the United States had failed to properly process extradition requests.

The Court of Appeal stated that the decision to extradite a criminal must be made by the court, not the Minister of Justice, in accordance with the International Criminal Legal Assistance Act. The decision marks an important development in Kwon’s fight against extradition and offers hope for a fair trial and due process.

The case is currently being remanded to the first trial court for a retrial, so there is a possibility that Mr. Kwon’s legal battle will be postponed.

Former Terra CFO repatriated to Korea

As Mr. Kwon’s extradition fight continues, his former CFO, Han Chang-jun, was extradited to South Korea after serving a prison sentence in Montenegro.

Lee Chang-jun, who was arrested while trying to leave the country with Kwon Chang-jun in March 2023, is currently likely to be sentenced to life in prison in Korea. His extradition highlights the seriousness of the legal consequences related to the Terra-LUNA crisis, which rocked the cryptocurrency market with a massive $60 billion collapse.

At the same time, the delay in civil trials filed by the U.S. Securities and Exchange Commission (SEC) against Terraform Labs and Kwon points to ongoing legal action. The delay appears to be aimed at expediting Kwon’s extradition from Montenegro and represents a complex interplay between legal jurisdictions and regulatory measures.

As the provincial repatriation battle unfolds, the outcome remains uncertain. But these recent developments highlight the high stakes involving Kwon, Terra, and the broader cryptocurrency industry amid heightened regulatory scrutiny and legal challenges.


Share this article

category

tag

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP price prediction by reducing the volume of RLUSD (RIPPLE USD)

June 7, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Coinbase adds a pancake swap to Roadmap to Surges for BNB Chain Dex to record $ 173,000,000 in monthly.

June 7, 2025

Nautilus launches anti -tamper prevention Oracles in Sui Mainnet.

June 7, 2025

Binance Alpha Listing Drive Skating Token Price 33%

June 7, 2025

Data Center security improvement: Role and risk of base board management controller

June 7, 2025

Is the Solana -SOL route that is involved in whale movements still alive for $ 160?

June 7, 2025

Gala Games unveils a new byte pack in VEXI village.

June 7, 2025

XRP price prediction by reducing the volume of RLUSD (RIPPLE USD)

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025
Most Popular

No, Google is not shutting down Gmail.

February 22, 2024

MicroStrategy plans to launch decentralized identity solutions: Report

May 2, 2024

ZKsync Developer Matter Labs Hires Former Solana Foundation Marketing VP

September 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.