Just-In: Fugitive Do Kwon Might Be Handover To S.Korea, US

Crypto News: Terraform Labs’ Co-founder Do Kwon arrested in Montenegro in alleged multibillion dollar fraud left the international turned up actions to be taken ahead. However, South Korean and United States authorities are now seeking the extradition of the international crypto fugitive.

Do Kwon To Be Extradited?

As per reports, Minister Marko Kovac stated that Do Kwon and another suspected arrested in alleged fraud might be extradited to South Korea or the United States. Kwon is wanted by US in the connection with the $40 billion crash which went on to demolish the crypto market.

However, a Montenegro court ordered the Do Kwon and other accused 30 days for legal proceedings. Earlier, South Korea requested Interpol to circulate a “red notice”. This led the 195 member nations of Interpol to find the international crypto fugitive. Read More Crypto News Here…

Terra Co founder was arrested from the Podgorica Airport while he was trying to run Dubai using fake Costa Rican passports. It was reported that he have been hiding in Serbia, however, he moved to Montenegro. S. Korean investigators tracked his whereabouts and informed the Serbian authorities to detain him.

Meanwhile, it is not immediately clear that when and to which nation Do Kwon would be handovered to.