The Balkan nation Montenegro is reportedly seeking to extradite disgraced Terra (LUNA) founder Do Kwon to america.
Citing “folks aware of the matter,” the Wall Avenue Journal reviews that Montenegro Justice Minister Andrej Milovic has stated privately that he plans to ship Kwon to the US somewhat than South Korea, which additionally needs to prosecute the previous Terraform Labs chief government.
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 america 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 accepted Kwon’s extradition to each nations, however Kwon subsequently appealed that ruling. Milovic, the Justice Minister, will doubtless wait to publicize his alternative to select the US till after the courts rule on Kwon’s attraction, in line with the Wall Avenue Journal.
Dan Sunghan, the Director of the Monetary Crime Investigation Bureau on the Seoul Southern District Prosecution Service, advised Bloomberg in June that Kwon might serve greater than 4 many years behind bars.
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