The Balkan nation Montenegro is reportedly seeking to extradite disgraced Terra (LUNA) founder Do Kwon to america.
Citing “individuals conversant in the matter,” the Wall Road Journal reports that Montenegro Justice Minister Andrej Milovic has stated privately that he plans to ship Kwon to the US relatively than South Korea, which additionally desires to prosecute the previous Terraform Labs chief government.
Kwon was initially arrested in Montenegro in late March after making an attempt 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 court docket in Montenegro approved Kwon’s extradition to each nations, however Kwon subsequently appealed that ruling. Milovic, the Justice Minister, will doubtless wait to publicize his selection to select the US till after the courts rule on Kwon’s attraction, based on the Wall Road Journal.
Dan Sunghan, the Director of the Monetary Crime Investigation Bureau on the Seoul Southern District Prosecution Service, told Bloomberg in June that Kwon may serve greater than 4 a long time behind bars.
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