Supreme Court of Montenegro on Friday dismissed the earlier court ruling on deporting Kwon Do-hyung to Souuth Korea, ordering the ex-CEO of Tera to be tried by US court, according to local reports.
With the latest verdict, the decision to extradite Kwon to Korea for trial has been cancelled and the case has been returned to the lower court in Padrigo.
Earlier, the prosecution filed an appeal with the Suprem Court following the earlier court ruling that ordered Kwon to return to Korea.
Within one day of receiving the appeal request, the Supreme Court ruled in favor of the prosecution.
Kwon currently stands trials for manipulating prices of Luna, a cryptocurrency issued by his company, and inflicting damage on the market and its buyers.