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Post: Appellate Court of Montenegro Cancels Extradition for Terraform Labs Co-Founder

Appellate Court of Montenegro Cancels Extradition for Terraform Labs Co-Founder

Key Points:

  • The Appellate Court of Montenegro has canceled the extradition of Terraform Labs co-founder Do Kwon.
  • The court accepted the appeal of Kwon’s defense attorneys on Feb. 7.
  • The ruling annulled the previous decision of the High Court in Podgorica.
  • The case will be returned to the first instance court for retrial and decision.

Insight:

The Appellate Court of Montenegro has overturned the extradition approval for Do Kwon, the co-founder of Terraform Labs. The court accepted the appeal by Kwon’s defense attorneys and annulled the previous decision made by the High Court in Podgorica. As a result, the case will be sent back to the first instance court for retrial and a new decision.

Hot Take:

This decision by the Appellate Court of Montenegro could further delay the extradition process for Do Kwon. It is unclear why the court decided to cancel the extradition approval, but it indicates that there may be ongoing legal battles and challenges to Kwon’s extradition. This is a significant development for Kwon and could have implications for his future involvement with Terraform Labs.

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