From pexels, edited in app

Do Kwon falls sharply

By Yugocean | Crypto Champion | 25 Mar 2023


Do Kwon, the founder of Terra Luna, is suspected of defrauding Crypto investors out of approximately $40 billion in his scam. Do Kwon has been detained in Montenegro, and his destiny is now in the hands of a variety of potential processes.


Extradition to the United States 


The US is notorious for its prejudice; once it believes someone is guilty, it will not let him go without having him prosecuted on its own territory.  US citizens were among Do Kwon's fraud victims, and the SEC accuses him of marketing unregistered securities in the US.


Extradition to South Korea

Do Kwon is a resident of South Korea, where a warrant for his arrest has been issued by the local court. Do Kwon's passport has been canceled by the South Korean government, and Interpol is looking for him at Seoul's request. If caught, most likely he is extradited to his nation.


Free in Montenegro


Even if it is less likely, Montenegro is nonetheless vulnerable if corruption does exist. One will also be exempt from any punishment if a foreign national is able to relocate there with forged documents.

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Yugocean
Yugocean

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Crypto Champion
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