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[Breaking] 'Terra' Kwon Do-hyung Likely to be Extradited to the U.S... Constitutional Appeal Dismissed

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Minseung Kang
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  • It was reported that Kwon Do-hyung, a central figure in the Terra·Luna collapse, is likely to be extradited to the United States.
  • The Montenegro Constitutional Court dismissed Kwon Do-hyung's appeal, stating that the decision on extradition depends on the Minister of Justice.
  • With the extradition to the United States expected, legal responses and investor protection measures related to Terra·Luna are anticipated to become important.
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  • The article was summarized using an artificial intelligence-based language model.
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Kwon Do-hyung, a key figure at the center of the cryptocurrency 'Terra·Luna' collapse, is likely to be extradited to the United States.

On the 24th, Montenegro's local media Vijesti reported, "The Constitutional Court of Montenegro has dismissed the appeal of Kwon Do-hyung's lawyer, and the final decision on extradition lies in the hands of the Minister of Justice." Considering the Ministry of Justice's stance so far, there is a high possibility that Kwon Do-hyung will be extradited to the United States.

Previously, in September, the Supreme Court of Montenegro ruled that the conditions for Kwon Do-hyung's extradition to the United States were met, but Kwon Do-hyung filed a constitutional appeal against this decision.

The Constitutional Court of Montenegro stated, "The Constitutional Court does not have the authority to impose a different opinion on the court's conclusion regarding legal interpretation unless there is a clear violation of rights," and unanimously dismissed Kwon Do-hyung's appeal.

Kwon Do-hyung was arrested at Podgorica Airport in Montenegro last March while attempting to leave for Dubai, United Arab Emirates, using a forged Costa Rican passport. He was sentenced to four months in prison by the local court and served his sentence. Subsequently, both South Korean and U.S. authorities requested his extradition, extending his detention until the court's decision. He was released on March 23rd due to the expiration of his detention period and transferred to a foreign detention center.

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minriver@bloomingbit.ioBloomingbit reporter