Montenegro’s former Justice Minister, Andrej Milović, has raised concerns about potential corruption linked to the extradition of Terraform Labs co-founder Do Kwon, suggesting it was used as leverage in a concession deal for the country’s airports with South Korea. Milović claims Prime Minister Milojko Spajić shifted his support from a French bid to favor South Korea after a court ruled in favor of Kwon’s extradition. He warns that extraditing Kwon could hinder investigations into the involvement of Montenegrin leaders in the TerraLuna collapse, which resulted in $40 billion in global losses.
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0 posts last weekTerra Founder Facing Extradition to US Over Financial Offenses
Do Kwon, the founder of Terra, faces extradition to the US from Montenegro after the High Court of Podgorica ruled in favor of the US over South Korea. Kwon and his associate were arrested with fake passports and while Kwon awaits extradition, his associate has already been extradited to South Korea.
read moreFounder of Terraform Labs, Do Kwon, Faces Extradition to the United States
International fugitive Do Kwon, founder of Terraform Labs, is facing extradition to the United States after being arrested in Montenegro. The Montenegrin Justice Minister has the power to decide whether Kwon will be sent to South Korea or the United States, where he is wanted on fraud charges related to the collapse of the Terra ecosystem. The decision is expected to be made by December 15th.
read moreTerraform Labs Co-Founder to be Extradited to the US for Criminal Charges
Terraform Labs co-founder Do Kwon is set to be extradited to the United States to face criminal charges related to the collapse of the company. Kwon, who was previously arrested in Montenegro for using falsified travel documents, is also facing charges in South Korea. If extradited, he will face multiple charges including commodities fraud and securities fraud.
read moreMontenegro High Court Approves Extradition of Terra Co-Founder Do Kwon, Destination Decision Pending
Montenegro’s high court has approved the extradition of Do Kwon, co-founder of Terra, to either South Korea or the United States. The decision on the extradition destination now lies with Montenegro’s Minister of Justice, Andrej Milović, who stated that the decision is both legal and political, potentially influencing Montenegro’s foreign policy and legal proceedings.
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