Montenegro’s Supreme Court is expected to issue a ruling by the end of this month regarding potential legal violations in the extradition process of Terraform Labs founder, Do Kwon. According to a report by Montenegrin newspaper Vijesti, the Supreme State Prosecutor has raised concerns about breaches of law in earlier court decisions related to Kwon’s extradition case.
Extradition Decision Expected This Month Vesna Vučković, acting President of the Supreme Court, acknowledged that the court is reviewing the prosecutor’s request due to these concerns, which have cast doubt on the legal handling of the case by lower courts. Vučković highlighted the troubling speed at which these violations were identified, warning that the issues could affect judicial consistency and public trust in Montenegro’s legal system.
Despite the importance of the case, Vučković also noted that the Supreme Court has faced delays in scheduling a session to address the prosecutor’s request due to “objective reasons,” which has further complicated the process. She expressed concern that the delays could exacerbate legal uncertainty for both citizens and judges.
Crypto Fraud Co-Founder Arrested in Montenegro In a related development, Montenegrin authorities arrested Roman Ziemian, co-founder of the fraudulent cryptocurrency scheme FutureNet, in August. Ziemian, who had been living in Podgorica under a false identity, was apprehended by police, who seized electronic devices tied to his illegal activities. He is now awaiting a decision from Podgorica’s High Court regarding his possible extradition.
FutureNet, launched in 2018 and co-founded by Ziemian, promoted itself as a multilevel marketing platform that also offered its cryptocurrency, FuturoCoin (FTO). However, in 2019, Polish authorities flagged it as a potential pyramid scheme. The operation collapsed in 2020 after South Korean officials launched an investigation into complaints from 950 people who reported substantial financial losses. Ziemian, who had previously been arrested in Italy, escaped from house arrest before being captured in Montenegro.
Montenegro’s legal proceedings surrounding high-profile figures like Do Kwon and Roman Ziemian continue to draw attention, highlighting broader concerns about the nation’s judicial system and its handling of complex international cases.
