By the end of this month, the Supreme Court of Montenegro is supposedly expected to rule on whether Do Kwon’s extradition process involved any legal infractions.
According to a recent report by Vijesti, a Montenegrin newspaper, the court will review a request from the Supreme State Prosecutor alleging multiple breaches of law in the judgments made by lower courts regarding Kwon’s extradition.
Do Kwon’s Extradition Result in September
Acting President of the Supreme Court Vesna Vučković stated that the ruling was made due to worries about legal ambiguities that arose during the case’s handling.
Vučković underlined that the short timeframe within which these violations were discovered in the Do Kwon extradition case makes the situation especially concerning.
Montenegro’s Supreme Court is expected to rule by the end of this month on possible legal violations in the extradition case of Terraform Labs founder Do Kwon. pic.twitter.com/rPjxFRlYVW
— Qingshu (@aftnkFGT) September 13, 2024
She made the suggestion that the current events might have wider effects on the fairness of Montenegro’s legal system as well as judicial consistency.
Further complicating the timeline for a final decision, Vučković said that the Supreme Court has been unable to set up a session to deliberate on the prosecutor’s request for what she called “objective reasons.”
“That should worry us, because it creates additional legal uncertainty for citizens, but also for judges of lower courts, who monitor judicial practice,” said the acting president.
FutureNet Scheme Co-Founder Arrested in Montenegro
Roman Ziemian, co-founder of the cryptocurrency fraud scheme FutureNet, was taken into custody by Montenegrin police in August while he was residing in Podgorica and using a false identity.
Electronic devices and other items thought to be related to Ziemian’s activities were seized by the authorities. He was scheduled to appear before the High Court of Podgorica to find out if he will be extradited to face charges overseas.
Ziemian co-founded FutureNet in 2018, pitching the company as a multilevel marketing platform using its cryptocurrency, FuturoCoin (FTO). Authorities in Poland declared the platform to be a possible pyramid scheme in 2019.
2020 saw the scheme come to an end as a result of an investigation by South Korean authorities into complaints from 950 individuals who had suffered sizable financial losses. Ziemian had escaped house arrest after being arrested in Italy before.