Do Kwon in US custody, South Korean president impeached: Law Decoded
Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition. Go to Source
The Terraform Labs co-founder was arrested in Montenegro in 2023 for using falsified travel documents as the courts determined whether he would go to the US or South Korea. Go to Source
Do Kwon’s extradition has been delayed again, to the surprise of the Justice Ministry. Go to Source
According to Montenegro’s Supreme Court, the US and South Korea had both met the conditions for applying for Do Kwon’s extradition to face criminal charges. Go to Source
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin. Go to Source
Roman Ziemian, co-founder of the cryptocurrency platform Futurenet, was arrested in Montenegro for allegedly orchestrating a $21 million cryptocurrency fraud scheme. The arrest was part of an international law enforcement operation involving Montenegrin authorities and Interpol. Ziemian, who was living under a false identity in Podgorica, now faces potential extradition to either Poland or South … Read more
Montenegrin police arrested FutureNet co-founder Roman Ziemian, alleging he was living under a false identity in the country’s capital city. Go to Source
The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States. Go to Source
Milojko Spajic, Prime Minister of Montenegro, was revealed as an early investor in Terraform Labs, co-founded by Kwon Do-hyung (Do Kwon). A filing with the U.S. Securities and Exchange Commission (SEC) lists Spajic as the 16th investor in Terraform Labs, purchasing 750,000 luna coins at 10 cents each in April 2018. This revelation raises concerns … Read more
A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted global crypto markets. Both South Korea and the U.S. have sought his extradition on fraud … Read more