{"id":581536,"date":"2023-03-29T21:04:45","date_gmt":"2023-03-29T20:04:45","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=581536"},"modified":"2023-03-29T21:04:53","modified_gmt":"2023-03-29T20:04:53","slug":"u-s-south-korea-seek-do-kwons-extradition","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/u-s-south-korea-seek-do-kwons-extradition\/","title":{"rendered":"U.S. And South Korea Seek Do Kwon\u2019s Extradition From Montenegro"},"content":{"rendered":"\n<ul><li>The United States and South Korea have both requested the extradition of Do Kwon.&nbsp;<\/li><li>Montenegro\u2019s Justice Minister revealed the extradition requests for the Terra founder in a press conference earlier today.&nbsp;<\/li><li>Minister Kovac clarified that the legal proceedings in Montenegro will be given priority over extradition.&nbsp;<\/li><\/ul>\n\n\n\n<p>The United States and South Korea are both seeking the extradition of Do Kwon, the man behind Terraform Labs, whose crash wiped out $40 billion from the crypto market last year. News of the extradition requests was shared by Marko Kovac, the Justice Minister of Montenegro, where Kwon is currently detained.\u00a0<\/p>\n\n\n\n<h2><strong>Priority will be given to Do Kwon&#8217;s court proceedings in Montenegro<\/strong><\/h2>\n\n\n\n<p>In a <a href=\"https:\/\/www.youtube.com\/watch?v=v4G5_e5jK2U\" rel=\"nofollow noopener\">press conference<\/a> earlier today, Justice Minister Kovac revealed the extradition requests made by the U.S. and South Korea. According to the Minister, no official extradition requests had been received from Singapore, a country that previously requested Do Kwon\u2019s detention. Minster Kovac added that the legal proceedings in Montenegro will be given priority over any foreign extradition requests.\u00a0<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>Primacy is given to the court proceedings led in Montenegro. If they are convicted for the criminal offense of falsifying identification documents, only after they served their prison sentence is it expected that they will be extradited.\u201d\u00a0<\/p><cite>Marko Kovac, the Justice Minister of Montenegro<\/cite><\/blockquote>\n\n\n\n<p>South Korea\u2019s basis for extradition lies in Do Kwon\u2019s nationality as well as an international arrest warrant issued by law enforcement agencies in his home country. Meanwhile, the United States has claimed jurisdiction based on the Securities and Exchange Commission\u2019s argument that American investors were victims of the fraud perpetrated by Kwon.&nbsp;<\/p>\n\n\n\n<p>The ultimate decision regarding Do Kwon\u2019s extradition will rest with Montenegro\u2019s high court, which will reportedly make the decision based on several factors including the severity of the Terra founder\u2019s offenses, location and time of said offenses, and the chronology of extradition requests, among several other factors.\u00a0The Justice Minister\u2019s press conference comes almost a week after Kwon was <a href=\"https:\/\/en.ethereumworldnews.com\/breaking-terraform-labs-founder-do-kwon-arrested-in-montenegro\/\">arrested<\/a> at Montenegro\u2019s Podgorica airport, along with his business associate Han Chang Joon, for forging their identification documents. Minister Kovac added that the pair\u2019s detention period had been extended to 30 days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States and South Korea have both requested the extradition of Do Kwon from Montenegro. The country&#8217;s Justice Minster has clarified that court proceedings in Montenegro will have priority over extradition. <\/p>\n","protected":false},"author":62,"featured_media":581331,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,2,27],"tags":[108424,351,108376,108548,670],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581536"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=581536"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581536\/revisions"}],"predecessor-version":[{"id":581538,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581536\/revisions\/581538"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/581331"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=581536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=581536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=581536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}