• The fact that white-collar offenses in South Korea carry less sentences is an important benefit.
• The U.S DOJ voiced some concerns shortly after the decision about Do Kwon’s extradition.

The court’s decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea was not accepted by Montenegrin prosecutors.

Do Kwon was ordered to be extradited to South Korea two weeks ago by a high court in Podgorica, Montenegro. This decision overturned an earlier request by a different Montenegrin court to extradite Kwon to the US. This was a win for Do Kwon and his group as they had earlier indicated a desire for sending him to South Korea for extradition. The fact that white-collar offenses in South Korea carry less sentences is an important benefit compared to the United States.

The United States Department of Justice (DOJ) voiced some concerns shortly after the court’s decision about Do Kwon’s extradition. The Department of Justice raised objections to extraditing Do Kwon to South Korea, citing a number of international agreements and Montenegrin law. Particularly noteworthy is the fact that both the United States and South Korea have allegations against Do Kwon related to Terraform Labs, and that these claims have put his extradition into question.

The DOJ outlined in a recent statement:

“The United States continues to seek Kwon’s extradition in accordance with relevant international and bilateral agreements and Montenegrin law. The United States appreciates the cooperation of the Montenegrin authorities in ensuring that all individuals are subject to the rule of law.”

March 24 is the date set for Do Kwon’s extradition to South Korea. But the state prosecutor’s office said there were procedural mistakes, therefore the matter has to go to the highest court in the land, the Supreme court. Do Kwon’s case was said to have been mishandled by the Appellate and High Court.

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