Do Kwon was “handed over to the competent regulation enforcement authorities of america of America and brokers of the Federal Bureau of Investigation (FBI)”, Montenegro’s inside ministry stated in an announcement.
He was extradited upon the choice of Montenegro justice ministry to face “felony proceedings within the US for crimes of conspiracy to commit fraud”, the assertion added.
For months, Seoul and Washington have been looking for the South Korean’s extradition for his suspected function in a fraud linked to his firm’s failure, which worn out about $40 billion of buyers’ cash and shook world crypto markets.
Final week Justice Minister Bojan Bozovic issued a call approving the extradition after a yr and a half of court docket rulings and subsequent reversals over it.
Kwon’s Montenegrin legal professionals denounced the choice as opposite to European conventions on extradition, and stated they’ll enchantment to the nation’s constitutional court docket and to the European Court docket of Human Rights.
“At the moment Montenegro accomplished the extradition of Do Kwon to america to face fees within the Terra/Luna case”, Prime Minister Milojko Spajic stated on X.
“This extradition demonstrates our unwavering dedication to worldwide justice and the rule of regulation!”
