In a thrilling plot twist witnessed around Terra founder Do Kwon’s legal chronicle, the high court of Podgorica, Monetgro’s capital, recently cast a shadow on the extradition of the Terra founder to the United States, stating that this decision might be overturned again. This comes despite the court’s recent decision to extradite Kwon Do-hyung, birthing speculations over looming uncertainties as the Court of Appeals has overturned its extradition decision twice earlier.

Court’s Stance On Do Kwon’s Legal Proceedings

According to the Public Information Officer of the Podgorica High Court, Marija Rakovic, the Court of Appeals potentially has the authority to revoke the current decision, underlining the possibility of such an outcome. Further, she also proclaimed that while she refrains from anticipating potential outcomes regarding the appellate court’s decision, the chances of the court reversing its extradition decision prevail.

The High Court’s decision to extradite Do Kwon surfaced on February 21, garnering noteworthy attention across the global crypto realm. However, Rakovic highlighted that a potential delay might be expected if the court does not uphold its decision. On the other hand, if the court decides to retain its current stance on the extradition, it would become concrete, eliminating the need for additional interference by the Ministry of Justice.

Intriguingly, the previous reversals of the court’s stance on the extradition occurred on December 19, 2023, and February 7, 2024. Aligning with this, Rakovic stated that Do Kwon still has the right to appeal, hinting at possible delays if he decides to do so. This pushes the court to review and re-consider any arguments or objections presented by the Terra founder’s legal eagles, thereby resulting in a delay.

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What’s Next?

According to a report, Bloomberg cited Montenegrin lawyer Goran Rodic proclaiming that Do-Kwon is eyeing an appeal to the court’s decision to extradite him to the U.S. This further fuels speculations over looming uncertainties orbiting the Terra founder’s legal chronicle. Amidst the flurry of legal intricacies and the possibility of further appeals, Do Kwon’s extradition remains uncertain.

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The post Terra Founder Do Kwon’s US Extradition Uncertainty Looms, Here’s Why appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am