Montenegro Court Dismisses Do Kwon's Extradition Appeal

user avatar

by Giorgi Kostiuk

2 years ago

The Constitutional Court of Montenegro has dismissed the appeal by Do Kwon, the South Korean crypto mogul, regarding his extradition ruling.

Dwindling Legal Options for Kwon

Local media reported that the court upheld the earlier decision favoring Kwon’s extradition. The Justice Minister, Bojan Božović, will decide if Kwon will be sent to South Korea or the United States for trial. Kwon's appeal was dismissed due to legal inconsistencies. The court also rejected his claims of procedural unfairness and rights violations.

Kwon’s Fate Hangs in Limbo

Since the May 2022 collapse of TerraUSD (UST) and its token Luna, resulting in a $40 billion market loss, Kwon has been under intense scrutiny. Both the US and South Korea request his extradition, accusing him of financial crimes, including fraud and market manipulation. He was arrested in Montenegro in March 2023 for attempting to travel with a forged passport.

Kwon’s Future in the Hands of Montenegro's Justice Minister

Extradition may send Kwon to the US, where he is charged in connection to the Terra-Luna collapse. The US has also imposed a massive civil penalty on him and his company Terraform Labs amounting to $4.5 billion.

Despite the ruling, Kwon’s legal team is expected to continue resisting extradition. His fate now lies with Montenegro’s Justice Minister.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

New Report Released Using SEC Data.

A report has been generated based on the information released by Sec. This release aims to inform the public and increase awareness of the information provided.

user avatarJesper Sørensen

Memory Stocks Rally Amid Global Shortage

Memory stocks, including Micron and SanDisk, surged nearly 11% on September 18, 2026, due to a global memory shortage, attracting investor interest and bullish analyst forecasts.

user avatarLucas Weissmann

Micron Plans $250 Billion Investment to Boost Production

Micron Technology, Inc. has announced a substantial investment plan of $250 billion aimed at ramping up domestic memory chip production.

user avatarFilippo Romano

Analysts Raise Price Targets for Micron MU

Recent updates from Wall Street analysts indicate a growing optimism for Micron MU, with RBC Capital raising the price target to 1500 and TD Cowen setting it at 1600.

user avatarRajesh Kumar

Micron MU Stock Price Surges Past 1000 Mark

Micron MU stock has reclaimed the 1000 price level, closing significantly higher amid a sector-wide resurgence.

user avatarEmily Carter

Grayscale's Zcash ETF to Implement 3-for-1 Forward Share Split

Grayscale has announced a 3-for-1 forward share split for its Zcash ETF, ticker ZCSH, to enhance accessibility for retail investors.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.