ChainCatcher reported that according to Bloomberg, the Montenegrin Court of Appeal upheld the ruling that Terraform Labs Pte. co-founder Do Kwon should be deported to his native South Korea, thus rejecting the suggestion to deport him to the United States.
Thursday’s ruling is the latest in a series of decisions in Montenegro, which has been facing dual extradition requests from the United States and South Korea for the disgraced former cryptocurrency tycoon. The Podgorica court said in a statement on its website Thursday that no one had appealed the decision.
The ruling also upheld a fast-track extradition procedure previously issued by another Montenegrin court. After the ruling was announced, Do Kwon's lawyer Goran Rodic responded to Bloomberg and said Montenegro will arrange the extradition with the assistance of Interpol and expressed the hope that the extradition can be completed "as soon as possible."