- According to Montenegrin authorities, Do Kwon would leave the prison but remain under house arrest.
- As a security measure, the Supreme Court in Podgorica ordered the confiscation of Kwon’s travel documents.
- Kwon’s planned release links to a case of forgery that led to a four-month prison sentence ending soon.
Authorities in Montenegro have announced plans to release Terra (LUNA) founder Do Kwon from prison soon. According to the announcement, Kwon would leave the prison but remain under house arrest. As a security measure, the Supreme Court in Podgorica ordered the confiscation of Kwon’s travel documents.
It is essential to note that Kwon’s planned release links to a case of forgery that led to a four-month prison sentence ending soon. The court in Podgorica convicted the Terra (LUNA) founder for forgery after the authorities arrested him with a fake passport at the airport.
Meanwhile, the Supreme Court Council has postponed Kwon’s extradition to South Korea. The postponement is pending a decision on the request submitted by the Supreme State Prosecutor’s Office to preserve legality.
According to reports, an aspirant legality claimed the decision to extradite Kwon falls outside the remits of the lower courts. Hence, the Montenegrin Supreme Court plans to review a request contesting the decision.
For the review, the Supreme Court would consider procedure infringement, with Kwon’s legal team claiming the appellate court’s decision to override their appeal was inappropriate. They claim that only the Supreme Court reserves such powers to make such an order.
The Montenegrin authorities arrested Do Kwon in March 2023, and the embattled crypto Terra (LUNA) founder has since remained in their custody. There are two conflicting extradition requests for Kwon, one from the United States and the other from South Korea.
Each of the extradition requests cites various charges against the crypto personality from the respective countries. Reportedly, Kwon prefers to be transferred to South Korea instead of the United States.
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