The Balkan nation Montenegro is reportedly trying to extradite disgraced Terra (LUNA) founder Do Kwon to the US.
Citing “individuals acquainted with the matter,” the Wall Avenue Journal studies that Montenegro Justice Minister Andrej Milovic has stated privately that he plans to ship Kwon to the US quite than South Korea, which additionally desires to prosecute the previous Terraform Labs chief govt.
Kwon was initially arrested in Montenegro in late March after trying to board a flight to the United Arab Emirates (UAE) with a cast Costa Rican passport.
The previous CEO was sentenced to 4 months in jail, however authorities in each the US and South Korea need him extradited to face fraud fees stemming from the $40 billion implosion of the Terra ecosystem in 2022.
Final month, a courtroom in Montenegro permitted Kwon’s extradition to each nations, however Kwon subsequently appealed that ruling. Milovic, the Justice Minister, will probably wait to publicize his alternative to choose the US till after the courts rule on Kwon’s enchantment, in accordance with the Wall Avenue Journal.
Dan Sunghan, the Director of the Monetary Crime Investigation Bureau on the Seoul Southern District Prosecution Service, instructed Bloomberg in June that Kwon might serve greater than 4 many years behind bars.
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