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Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea


by CoinEdition

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Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea
  • Montenegro’s justice minister will decide on Do Kwon’s extradition.
  • Do Kwon is serving a four-month prison term in the country for document forgery.
  • A Montenegro court said requirements for Do Kwon’s extradition to the U.S. or South Korea have been met.

Troubled Terraform Labs (TFL) founder Do Kwon’s extradition to either South Korea or the United States has been approved by a Montenegro court. The court located in Podgorica decided that the extradition requirement had been satisfied.

According to updates posted on the judiciary’s website, the Montenegrin Justice Minister will make the final decision on extradition. However, Do Kwon will still complete his prison sentence in Montenegro.

Earlier this year, the crypto founder was arrested at Podgorica’s airport with falsified documents in an attempt to flee the country. Following his arrest, Do Kwon was given a four-month sentence for document forgery.

Outside the Southeastern European country, Do Kwon is wanted by prosecutors in the U.S. and South Korea. Notably, the founder faces charges on multiple allegations in regard to the TerraUSD collapse.

In the U.S., Kwon faces multiple counts …

The post Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea appeared first on Coin Edition.

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Coins

$ 0.000122

$ 0.000161

$ 0.108

-1.55%

$ 0.0000967


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Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea


by CoinEdition

Share:

Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea
  • Montenegro’s justice minister will decide on Do Kwon’s extradition.
  • Do Kwon is serving a four-month prison term in the country for document forgery.
  • A Montenegro court said requirements for Do Kwon’s extradition to the U.S. or South Korea have been met.

Troubled Terraform Labs (TFL) founder Do Kwon’s extradition to either South Korea or the United States has been approved by a Montenegro court. The court located in Podgorica decided that the extradition requirement had been satisfied.

According to updates posted on the judiciary’s website, the Montenegrin Justice Minister will make the final decision on extradition. However, Do Kwon will still complete his prison sentence in Montenegro.

Earlier this year, the crypto founder was arrested at Podgorica’s airport with falsified documents in an attempt to flee the country. Following his arrest, Do Kwon was given a four-month sentence for document forgery.

Outside the Southeastern European country, Do Kwon is wanted by prosecutors in the U.S. and South Korea. Notably, the founder faces charges on multiple allegations in regard to the TerraUSD collapse.

In the U.S., Kwon faces multiple counts …

The post Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.000122

$ 0.000161

$ 0.108

-1.55%

$ 0.0000967


Share:

In This News

Coins

$ 0.000122

$ 0.000161

$ 0.108

-1.55%

$ 0.0000967


Share:

Read More

Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks

Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks

BTC's relative weakness compared to stocks points to tepid spot demand, making the la...
Morgan Stanley’s Michael Wilson Predicts U.S. Bull Market by 2026

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Morgan Stanley's Michael Wilson forecasts a U.S. stock market surge by 2026, highligh...