The legal hassle of Do Kwon, Terraform Labs’ ex-CEO, has now taken a new twist as his defense promises to fight a recent court ruling in Montenegro. This ruling that supports his extradition to the United States rather than to South Korea has triggered common legal warfare.
The claims to try Kwon over his apparent participation in the TerraUSD stablecoin disaster, which led to the vanishing of billions of investors’ assets and shook the crypt market, have been made by both countries.
Legal Tussle in Montenegro
Goran Rodic, Kwon’s legal representative in Podgorica, Montenegro, has shown strong dissent to the High Court’s decision. Given on Wednesday, the decision is the latest in a string of legal processes that have resulted in contradictions in the judiciary of Montenegro.
The main point of Rodic’s argument is that the court failed to assess the facts of the case correctly. He suggests a probable appeal to overturn the decision that he claims to be illegal, using success
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