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U.S. challenges Do Kwon's extradition to South Korea, continues to seek extradition to U.S.

U.S. challenges Do Kwon's extradition to South Korea, continues to seek extradition to U.S.

CointimeCointime2024/03/08 01:24
By:Cointime

U.S. prosecutors will continue to seek the extradition of Terra founder Do Kwon. The U.S. Department of Justice stated that the U.S. will continue to seek the extradition of Do Kwon according to relevant international and bilateral agreements as well as Montenegrin law. Terrence Yang, Managing Director of Swan Bitcoin and former legal advisor at Merrill Lynch, stated that in terms of the number of victims and the amount of money involved, the U.S. may be the country with the most victims. It seems absurd for the Montenegrin court to extradite Do Kwon to South Korea, where he may be acquitted or lightly sentenced, rather than in the U.S. Golden Finance previously reported that Goran Rodic, Do Kwon's lawyer, stated that Do Kwon will be extradited from Montenegro to South Korea after March 23 and will face criminal charges for the collapse of his cryptocurrency company.

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