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<p><em><strong>A court in Montenegro has stopped the process of sending Do Kwon, the co-founder of Terraform Labs, back to the U.S. This decision marks the third successful appeal made by Kwon to block his extradition.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" /></p><p>The Court of Appeals in Montenegro has canceled the extradition of Do Kwon to the U.S. This decision came after Kwon’s defense attorneys appealed against the earlier ruling made by the country’s High Court on February 20.</p><h3 id="do-kwon-s-extradition-order-revoked-by-montenegro-appeals-court">Do Kwon’s Extradition Order Revoked by Montenegro Appeals Court</h3><p>The <a href="https://cryptosheadlines.com/terra-vs-sec-pretrial-set-do-kwon-faces-us-extradition/" rel="noopener noreferrer nofollow">extradition case of Do Kwon faced</a> a significant setback as the Appeals Court in Montenegro nullified the extradition order due to procedural issues. The court cited a lack of clear reasoning and factual basis in the decision made by the High Court, prompting the revocation of the order, according to a recent <strong><a href="https://sudovi.me/ascg/sadrzaj/VdR7" rel="noopener noreferrer nofollow">announcement</a></strong>.</p><p>This decision marks the third successful appeal by Do Kwon’s defense team against extradition requests to either the U.S. or South Korea. Despite previous rulings that validated the extradition requests, Kwon’s legal representatives persisted with their appeals, ultimately leading to the latest decision.</p><p>Recent reports from local media on February 21 suggested that the High Court had ruled in favor of extraditing Kwon to the U.S. while rejecting <a href="https://cryptosheadlines.com/terra-founder-do-kwon-may-face-extradition-to-south-korea-says-wsj/" rel="noopener noreferrer nofollow">South Korea’s extradition</a> request. However, with the latest decision by the <a href="https://cryptosheadlines.com/ftx-bankruptcy-case-referred-to-us-appeals-court-for-an-impartial-investigation/" rel="noopener noreferrer nofollow">Appeals Court</a>, the case is now set to return to the first-instance court for reconsideration.</p><h3 id="delay-in-do-kwon-s-extradition-affects-sec-fraud-trial">Delay in Do Kwon’s Extradition Affects SEC Fraud Trial</h3><p>Do Kwon, facing charges related to financial crimes in both the U.S. and South Korea, has encountered delays in his extradition process. These charges stem from the collapse of the Terra ecosystem in May 2022, resulting in the loss of approximately $40 billion in investor wealth within a few days.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" /></p><p>Initially arrested in <a href="https://cryptosheadlines.com/montenegro-court-approves-do-kwons-428k-bail-request-in-fake-passport-case/" rel="noopener noreferrer nofollow">Montenegro last March for using a fake passport</a> in an attempt to leave the country, Do Kwon was sentenced to four months in November.</p><p><a href="https://cryptosheadlines.com/ustc-price-surges-25-after-approval-of-800m-burn-proposal/" rel="noopener noreferrer nofollow">Also Read:   USTC Price Surges 25% After Approval of 800M Burn Proposal</a></p><p>However, with the extradition order revoked by the <a href="https://cryptosheadlines.com/montenegro-court-grants-bail-to-terra-founder-do-kwon-for-436k/" rel="noopener noreferrer nofollow">Montenegro Appeals Court</a>, Do Kwon’s extradition to face charges in the U.S. and South Korea faces further delays. Consequently, he is expected to miss the start of his U.S. Securities and Exchange Commission (SEC) fraud trial scheduled for March 25.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Kwon’s Return to the US from Montenegro Blocked After Appeal

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