Close Menu
Cryprovideos
    What's Hot

    Eric Trump Endorses $TRUMP Memecoin Regardless of Cancelled Pockets Launch

    June 7, 2025

    This Week In Crypto: Trump/Musk Cut up, Gemini and Circle IPO, Altcoin Bear Market, and Extra

    June 7, 2025

    Greatest Crypto to Purchase Now as Singapore Bars Overseas-Solely Digital Token Providers – CryptoDnes EN

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Do Kwon Set For Extradition: Montenegro Minister Indicators Order
    Do Kwon Set For Extradition: Montenegro Minister Indicators Order
    Markets

    Do Kwon Set For Extradition: Montenegro Minister Indicators Order

    By Crypto EditorDecember 28, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    In a choice that concludes a sequence of extended authorized proceedings, Montenegro’s Minister of Justice, Bojan Božović, has signed an order for the extradition of Terraform Labs co-founder Do Kwon to the USA. The announcement was confirmed to the Montenegrin day by day newspaper Vijesti on Friday, marking the top of months of authorized wrangling that pitted the USA in opposition to the Republic of Korea in a twin effort to deliver the controversial entrepreneur to trial.

    Do Kwon Will Be Extradited To The US

    The Supreme Court docket of Montenegro had already decided that each one authorized conditions for Do Kwon’s extradition have been met upon receiving separate requests from each the Republic of Korea and the USA. Their ruling permitted Minister Božović to evaluation the info and determine which jurisdiction would take precedence.

    “In gentle of the Supreme Court docket’s ruling, the Division of Justice has thought of all of the info and circumstances and assessed standards such because the gravity of the crimes, the place of fee, the order during which the request was submitted, the nationality of the requested individual, the potential of additional extradition to a different nation, in addition to different circumstances,” mentioned the Division of Justice in a press release supplied to Vijesti.

    The assertion continued: “Given the above, it was concluded that many of the standards supplied for by legislation assist the extradition request of the competent authorities of the USA of America, and the Minister of Justice has issued a choice permitting the extradition of Kwon Do Hyeong to the USA of America, whereas on the identical time refusing extradition to the Republic of Korea.”

    Do Kwon attracted scrutiny from each US and South Korean authorities for his alleged position in one of the crucial vital collapses in crypto historical past. In Could 2022, the values of TerraUSD and Luna—two tokens created by Kwon—imploded. This occasion worn out roughly $40 billion from the broader crypto market, triggering a cascade of bankruptcies amongst different digital asset corporations.

    Investigators contend that Do Kwon misled buyers and additional suspect he hid sizable wealth linked to the TerraUSD/Luna crash. The crypto entrepreneur and the previous finance officer of Do Kwon’s firm Terraform Labs, Han Chang-joon, have been arrested at Podgorica airport on March 23 of final yr after authorities decided they have been touring with cast passports en path to Dubai. Do Kwon subsequently acquired a four-month jail sentence in Montenegro—a improvement that spurred each US and South Korean officers to step up extradition requests.

    Following his launch from Spuž Jail on March 23, Montenegrin authorities transferred Do Kwon to an immigration inspector. After a five-hour interrogation, he was escorted to the Immigration Heart, the place he stays pending closing preparations for his extradition.

    At press time, Terra Luna Traditional (LUNC) traded at $0.00011565.

    Do Kwon Set For Extradition: Montenegro Minister Indicators Order
    LUNC worth, 1-week chart | Supply: LUNCUSDT on TradingView.com

    Featured picture from BBC, chart from TradingView.com



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Eric Trump Endorses $TRUMP Memecoin Regardless of Cancelled Pockets Launch

    June 7, 2025

    Shiba Inu Worth Prediction – How Excessive Can SHIB Go within the Subsequent Bull Run?

    June 7, 2025

    MEET48 Launches IDOL Airdrop on June 9 Forward of TGE, Main Web3 Leisure – The Each day Hodl

    June 7, 2025

    Render Royale Could 2025: Winners Unveiled in a Fantastical Show

    June 7, 2025
    Latest Posts

    Can Bitcoin Value Bounce To $120,000 Or Will It Break Under $100,000?

    June 7, 2025

    Metaplanet Goals to Maintain 1% of All Bitcoin

    June 7, 2025

    Whale and Miner Information Reveal Bitcoin’s Subsequent Transfer | Weekly Whale Watch

    June 7, 2025

    Bitcoin at Crossroads Amid Elevated Promoting Strain, Warns Analytics Platform Glassnode – Right here’s the Agency's Outlook – The Day by day Hodl

    June 7, 2025

    Greatest Crypto Presale to Purchase: Bitcoin Hyper ICO Surges to $685K as First Bitcoin Layer 2 Launches on Ethereum

    June 7, 2025

    Bitcoin (BTC) Worth Prediction for June 7

    June 7, 2025

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    High Crypto to Put money into Proper Now February 22 – Vana, BinaryX, The Sandbox

    February 22, 2025

    Is it Too Late To Purchase PHA? Phala Community Worth Soars 70% And This May Be The Subsequent Crypto To Explode

    December 28, 2024

    Bankrupt Crypto Change FTX Set To Start Paying Collectors and Clients in Early 2025, Says CEO – The Each day Hodl

    November 23, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.