Montenegro's Supreme Court to Rule on Do Kwon Extradition Process
Montenegro’s Supreme Court is reportedly poised to make a crucial decision by the end of this month regarding the extradition process of Do Kwon, the Terraform Labs founder. According to a recent report by Vijesti, a prominent Montenegrin newspaper, the court will scrutinize a request from the Supreme State Prosecutor alleging several legal infractions in the judgments issued by lower courts concerning Kwon’s extradition.
Acting Supreme Court President Vesna Vučković highlighted that the decision stems from concerns surrounding legal ambiguities that have surfaced during the handling of the case. Vučković underlined that the time frame within which these violations were detected in the Do Kwon extradition case has added to the gravity of the situation.
Emphasizing the potential impact of these developments on judicial consistency and the public perception of fairness within Montenegro’s legal framework, Vučković raised valid concerns over the broader implications of the ongoing legal proceedings.
FutureNet Scheme Co-Founder Arrested in Montenegro
In a related development, Montenegro witnessed the arrest of Roman Ziemian, the co-founder of the crypto fraud scheme FutureNet, in August. Ziemian, who had been residing in Podgorica under a false identity, was apprehended by Montenegrin authorities for his alleged involvement in the fraudulent scheme.
Following his arrest, authorities confiscated various items and electronic devices believed to be linked to Ziemian’s illicit activities. He is expected to appear before Podgorica’s High Court to determine the course of potential extradition proceedings against him.
FutureNet, established by Ziemian in 2018, positioned itself as a multilevel marketing platform centered around its cryptocurrency, FuturoCoin (FTO). However, in 2019, Polish regulators identified the platform as a possible pyramid scheme, casting doubts over its legitimacy.
The scheme eventually unraveled in 2020 after South Korean authorities probed into complaints from 950 individuals who had suffered substantial financial losses. Ziemian, who had previously faced arrest in Italy, managed to flee house arrest, adding a layer of complexity to his legal entanglements.
