(Bloomberg) -- The Montenegro Appellate Court upheld a ruling that Terraform Labs Pte. co-founder Do Kwon should be sent to his native South Korea, rejecting a push to instead send him to the US.
The ruling on Thursday is the latest in a series of decisions in Montenegro, which has been facing dueling demands for the extradition of the disgraced former crypto mogul from both the US and South Korea.
The Podgorica-based court said there was no appeal against the decision, according to a statement on its website on Thursday. The decision also upheld a fast-track extradition procedure previously issued by another court in Montenegro.
In a response to Bloomberg after the decision, Do Kwon’s lawyer Goran Rodic said Montenegro will arrange the extradition with assistance from Interpol, expressing hope it will happen “as soon as possible.”
“The United States continues to seek Kwon’s extradition in accordance with relevant international and bilateral agreements and Montenegrin law,” the US Justice Department said in a statement. “The United States appreciates the cooperation of the Montenegrin authorities in ensuring that all individuals are subject to the rule of law.”
--With assistance from Misha Savic and Ava Benny-Morrison.
(Updates with US Justice Department statement in final paragraph.)
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