South Korean citizen, fugitive “cryptocurrency king” Do Kwon will likely be launched from the jail in Spuž close to Podgorica as we speak, however he will be unable to depart Montenegro.
This continues the months-long “judicial-political saga” about which nation ought to extradite that South Korean citizen, that’s, which nation submitted the request for extradition first, in addition to who makes the determination – the minister of justice or the courtroom.
Do Kwon will depart the jail in Spuz after finishing the four-month jail sentence he was sentenced to for forging private paperwork, the Excessive Court docket introduced.
Earlier than serving his jail sentence, he spent eight months in extradition custody as he was arrested on worldwide warrants issued by South Korea and the USA for monetary fraud.
The Excessive Court docket ordered that Do Kwon’s journey doc not be returned upon his launch from jail as a way to stop his attainable departure from Montenegro, provided that the Supreme Court docket postponed his extradition to South Korea.
The Supreme Court docket accepted the proposal of the Supreme State Prosecutor’s Workplace (VDT) to postpone or cease the execution of the remaining courtroom determination to extradite Do Kwon to South Korea.
With this extraordinary authorized treatment, the VDT initiated an examination of the legality of the courtroom’s actions when deciding on the extradition of Do Kwon, but additionally the modification of the remaining determination of the Excessive Court docket, i.e. to extradite the cryptocurrency king to the United States of America as a substitute of South Korea.
The Appellate Court docket of Montenegro confirmed the determination of the Excessive Court docket on the foundation of which the fugitive “cryptocurrency king” Do Kwon will likely be extradited to South Korea. This determination is remaining, however VDT filed a unprecedented authorized treatment.
The Excessive Court docket has issued 4 completely different verdicts 4 occasions – in the first two that the determination is made by the Minister of Justice, in the third that he ought to be extradited to the USA and now that he ought to be extradited to South Korea. Do Kwon was arrested at the finish of March 2023 at the airport in Podgorica on a South Korean warrant. On June 16, he was convicted for having a cast passport with which he supposed to journey to Dubai on a personal flight from Podgorica. As a result of of that half, the South Korean “crypto forex king” served a four-month sentence in a jail close to Podgorica. His affiliate Hon Chang Jon, who was arrested along with him in Podgorica on February 5 of this yr and extradited to South Korea, was additionally convicted of falsifying paperwork.
Do Kwon was at the middle of the affair earlier than the parliamentary elections in Montenegro final yr when the then Prime Minister Dritan Abazović claimed that the present Prime Minister and chief of the “Europe Now” Motion, Milojko Spajić, was linked to him, which he denied. The Particular Prosecutor’s Workplace introduced that it had opened a case, however since then it has not commented on the case, Beta information company writes.
