Constitutional Court of Montenegro Rejects Do Kwon’s Appeal

The Constitutional Court of Montenegro rejected former Terraform Labs CEO Do Kwon’s appeal against a prior Supreme Court decision regarding his extradition, local news outlet Vijesti reported.

The court panel unanimously decided to reject Kwon’s appeal on Tuesday, according to the report. This follows a constitutional court ruling in October, which suspended the South Korean native’s extradition proceedings until a decision was reached on the appeal.

Kwon’s rejected appeal challenged a previous ruling by the Supreme Court of Montenegro in September that nullified the Terra founder’s transfer to South Korea. It determined that the final extradition decision would be made by the country’s Minister of Justice.

The High Court in Montenegro first ruled to extradite Kwon to the United States in February of this year to face legal consequences related to the Terra-Luna collapse of 2022. However, the court reversed this decision in early March, opting instead to extradite him to South Korea. This has been followed by months of appeals, delays, and inconsistent rulings.

After repeated reversals and delays, Kwon’s extradition—whether to South Korea or the U.S.—now depends on Justice Minister Bojan Božović’s decision. The final date for any extradition remains pending.

Goran Rodić, Kwon’s local attorney, called on Božović to ensure an impartial extradition decision, based solely on legal grounds and free from political influences, as reported by local news outlet Pobjeda.

Kwon’s extradition case has sparked political controversy in Montenegro, with former Justice Minister Andrej Milovic accusing Prime Minister Milojko Spajić of favoring extradition to South Korea due to financial connections with Kwon.