HomeTechnologySouth Korea and the...

South Korea and the US demand the extradition of the founder of the cryptocurrency Luna, accused of fraud

Do Kwon was detained by the Montenegrin police at Podgorica airport. | Fountain: AFP or licensors | Photographer: stringers

adUnits.push({
code: ‘Rpp_tecnologia_mas_tecnologia_Nota_Interna1’,
mediaTypes: {
banner: {
sizes: (navigator.userAgent.match(/iPhone|android|iPod/i)) ? [[300, 250], [320, 460], [320, 480], [320, 50], [300, 100], [320, 100]] : [[300, 250], [320, 460], [320, 480], [320, 50], [300, 100], [320, 100], [635, 90]]
}
},
bids: [{
bidder: ‘appnexus’,
params: {
placementId: ‘14149971’
}
},{
bidder: ‘rubicon’,
params: {
accountId: ‘19264’,
siteId: ‘314342’,
zoneId: ‘1604128’
}
},{
bidder: ‘amx’,
params: {
tagId: ‘MTUybWVkaWEuY29t’
}
},{
bidder: ‘oftmedia’,
params: {
placementId: navigator.userAgent.match(/iPhone|android|iPod/i) ? ‘22617692’: ‘22617693’
}
}]
});

South Korea And USA they asked Montenegro extradition of Do Kwon, fugitive South Korean founder cryptocurrency Moon detained last week, the Balkan country’s justice minister said on Wednesday.

Terraform Founder Faces Fraud Charges After His Company Crashed In 2022, Costing Investors Roughly $40 Billion And Rocking Markets cryptocurrencies.

black future

Do KwonKwon Do Hyun, 31, was detained on Thursday at Podgorica airport along with his CFO Hong Chang Joon.

“A meeting was held with the diplomatic representatives of Korea, after which Korea filed an extradition request,” Minister Marko Kovacs told reporters, noting that “the extradition Do Kwon was also requested USA”.

“We have two countries that have requested extradition. Let’s see if there is another country, ”he added, noting that the request could also be from Singapore.

“When making a decision, the nationality of the person and other circumstances will be taken into account,” he said.

According to the Montenegrin authorities, Do Kwon and her CFO were in possession of “forged Costa Rican documents” before flying to Dubai.

During the inspection of his luggage, forged Belgian documents were also found.

On Friday, a Montenegrin court announced that the two suspects had been charged and were being held for up to 30 days “due to the risk of flight.”

Interpol Notice

After the arrest Do Kwon, South Korea he undertook to formally request his extradition.

IN USAa federal jury indicted him on eight counts, including stock fraud and online fraud.

According to the US Securities and Exchange Commission (SEC), Do Kwon He was charged with “organizing a multi-billion dollar fraud with cryptocurrency assets.”

Now the employer must appear in two cases in Montenegroon the alleged case of forgery and consideration of his possible extradition.

it is believed that Do Kwon He escaped from South Korea to Singapore before the bankruptcy of his company in May 2022.

In September, the South Korean prosecutor’s office asked Interpol to issue red notices in 195 member countries of the organization and canceled his passports.

Terraform Labs is the parent company of TerraUSD, a cryptocurrency described as stable (“stablecoin”), which theoretically guarantees greater security for investors in this highly volatile sector.

cryptocurrencies are under scrutiny from the authorities, especially after the collapse of FTX, a major trading platform.

Many investors lost their savings when stocks crashed. cryptocurrencies TerraUSD and Moonfounded by Kwon. South Korean authorities have opened several criminal investigations. (AFP)

We recommend you METADATA, an RPP technology podcast. News, analytics, reviews, recommendations and everything you need to know about the tech world.

Source: RPP

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Lutsk shoulder – Spaces went to bending, and the posts are already 27 already 27

The mass shelling of Lutsk on the night of May 6 led to the death of a man-republics, which were unlocked by the body of a nine-story building who died from fragments. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px;...

The authorities of Kyiv showed how the reconstruction of the metro after the Russian attack (photo)

In Kyiv, about 70 specialists in various services KP "KYIV METRO" restore and repair traces and metro network, damaged by the combined air attack of racists on the night of June 6 at night on June 6. .in_text_content_22 {width: 300px; Height: 600px; } @Media...

Trump and Mask Rich Will die in Bella home – SMI

In the confrontation of US President Donald Trump and his former ally, billionaire Ilon Mask, who recently received fierce revolutions, there are signs of a truce. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation;...