Montenegro Suspends Decision to Extradite Do Kwon to South Korea

Raptors return on investment is the real dealMLS Cup the winning goal in record-breaking season for soccer in North AmericaNorth America’s oldest sport catches momentum in new professional localesCanadian Football League fanatics fuel financialsCanada’s Davis Cup team finding love -- Montenegro’s Supreme Court suspended earlier decisions by lower-level judges to extradite former crypto mogul Do Kwon to South Korea, stalling an effort to hand over the Terraform Labs Pte co-founder to his native...

The Supreme Court acted a day after the top prosecutor in the Balkan country, citing procedural errors, challenged the rulings that favored South Korea’s request. Extradition to either country is now possible only after further deliberations by the Supreme Court, which offered no time frame for a final decision when it announced its move on Friday.The latest decision could allow Kwon’s extradition to the US, as preferred by Montenegro’s government.

Even if Kwon is extradited to South Korea, the government there could still reach a deal with the US to have him tried in New York first. The US could argue that it has a stronger ability to seize Kwon’s assets around the world and agree to share them with South Korea. Kwon was arrested in Montenegro in March 2023 for traveling on a fake passport, along with his associate Han Chang-joon, who was handed over to South Korea last month.

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