Cryptocönig do Kwon: Extradition to the USA after $ 40 billion scandal!

Cryptocönig do Kwon: Extradition to the USA after $ 40 billion scandal!

Podgorica, Montenegro - The internationally sought-after South Korea cryptocurrency founder Do Kwon is now delivered by Montenegro to the United States. The Montenegrin Minister of Justice Bojan Bozovic announced this after a decision was made for months. Both South Korea and the United States had made extraditions that relate to allegations of fraud, which Kwon and his company Terraform Labs are accused of. In particular, he is accused of being responsible for the spectacular collapse of the cryptocurrencies Terra and Luna in May 2022, which gave investors global losses of around $ 40 billion (around $ 38.5 billion), as the crown reported.

The more precise details of the delivery process are still pending, but the decision is based on a recent judgment by the Supreme Court of Montenegro, which found that the prerequisites for delivery to the USA are met. Kwon, who was arrested in Montenegro in March 2023, was on his way to Dubai with his business partner Hon Chand when they were taken up with fake Costa-Rican passes. Both people had previously spent several months in Montenegrin imprisonment after they were convicted of falsification of documents. While Yun has already been delivered to South Korea, Kwon's handover is now imminent to the USA, such as the reported.