"Terraform Labs co-founder Do Kwon, a cryptocurrency fugitive being held in Montenegro and wanted in both South Korea and the US, may end up on trial in New York after the Balkan nation’s Supreme Court overturned earlier decisions, including those to hand him over to his native country.

In case of dueling demands, the country’s justice minister will eventually decide where to hand over the suspect, after courts determine whether conditions for extradition are met, the Supreme Court said in a statement on Friday. It also sent back the case to Podgorica-based High Court for that legal assessment.

The top court in the Balkan nation of 620,000 acted after Montenegro’s top prosecutor challenged Kwon’s extradition to South Korea, citing procedural errors in the verdict. Kwon’s legal team has pushed for extradition to South Korea, where sentences for white-collar crimes tend to be less harsh than in the US. Montenegro’s government intends to approve extradition to the US, a person close to the matter, who declined to be identified as the decision isn’t public yet, told Bloomberg in late February."

https://www.bloomberg.com/news/articles/2024-04-05/do-kwon-m...