Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»TRADING NEWS»Montenegrin court approves extradition of Mr. Kwon Do-do to the U.S. or Korea
TRADING NEWS

Montenegrin court approves extradition of Mr. Kwon Do-do to the U.S. or Korea

By Crypto FlexsNovember 26, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Montenegrin court approves extradition of Mr. Kwon Do-do to the U.S. or Korea
Share
Facebook Twitter LinkedIn Pinterest Email

index

The court in Podgorica, the capital of Montenegro, approved the repatriation of Terra ecosystem founder Kwon Do-do to Korea or the United States. Montenegro’s Minister of Justice will decide which country Mr. Kwon will go to.

Last Friday, a court in Podgorica, the capital of Montenegro, announced that it had approved the extradition of disgraced cryptocurrency entrepreneur Kwon Do-do. The United States and South Korea are both seeking Kwon’s extradition, and it is now up to the Justice Minister to decide his fate.

Mr. Kwon and his colleague were found guilty.

Mr. Kwon was arrested at the Montenegro airport last March while trying to go to Dubai using a forged travel document.

Mr. Kwon was arrested along with his colleague Han Chang-jun. During the arrest, two Costa Rican and Belgian passports, Mr. Kwon and Mr. Jun’s ID cards, and digital devices including a laptop were confiscated.

Mr. Kwon and Mr. Jun were sentenced to four months in prison by the Basic Court of Montenegro. The two were found guilty of forgery.

After their convictions were handed down, Mr. Kwon appealed to overturn the court’s conviction for passport fraud. But his appeal was dismissed last week and his conviction was confirmed.

Extradition to Korea seems more likely

According to a Reuters report, the Podgorica High Court said Do-Kwon, a South Korean national, had agreed to be deported to South Korea in a summary procedure. But the final decision on where he will be deported lies with Montenegro’s Justice Minister. The decision on whether to extradite will be made only after Kwon completes his sentence for document forgery.

In September 2022, South Korea issued an arrest warrant for Mr. Kwon and charged him with violating the Capital Markets Act.

US and South Korea are competing for extradition

Now that an extradition order has been issued, the question is who will take custody of Mr. Kwon.

Mr. Kwon is a citizen of the Republic of Korea, and the state has issued an arrest warrant for him. However, U.S. federal prosecutors indicted Mr. Kwon on two counts each of securities fraud, wire fraud, product fraud, and conspiracy.

When the issue of extradition was raised, Justice Minister Marko Kovac explained:

“If we receive multiple extradition requests, determining which state to extradite the extradition request to will depend on a number of factors, such as the seriousness of the crime, where and when the crime was committed, and the sequence of the crimes. We have filed an extradition request and several other factors.”

Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Forexus drops NFT coins -the public stage is sold in a few minutes.

July 27, 2025

Ripple CTO’s amazing regret for censorship

July 26, 2025

How to travel to the world with encryption wallet?

July 25, 2025
Add A Comment

Comments are closed.

Recent Posts

Forexus drops NFT coins -the public stage is sold in a few minutes.

July 27, 2025

Using XRP Cloud To Mine BTC And DOGE, Helping Investors Obtain Stable Daily Income

July 27, 2025

Safe and expandable MCP server development: Main strategies and best practices

July 27, 2025

Cardano (ADA) flashes optimistic signals. Did the meeting just started?

July 26, 2025

DL Mining Launches In The U.S.

July 26, 2025

Ripple CTO’s amazing regret for censorship

July 26, 2025

Ether Leeum validation exit exit queue will explode with 521,000 ETH ATH.

July 26, 2025

Wake’s GMX Hacking Analysis and Attack Scenario

July 25, 2025

Pepeto Announces $5.5M Presale And Demo Trading Platform

July 25, 2025

$75K In Rewards Announced For Valhalla’s First-Ever Tournament

July 25, 2025

Bitcoin Market Bullish? DL Mining Launches $100 Bonus + Sustainable Cloud Mining

July 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Forexus drops NFT coins -the public stage is sold in a few minutes.

July 27, 2025

Using XRP Cloud To Mine BTC And DOGE, Helping Investors Obtain Stable Daily Income

July 27, 2025

Safe and expandable MCP server development: Main strategies and best practices

July 27, 2025
Most Popular

Caitlyn Jenner’s X account promotes memecoin amid hacking concerns

May 27, 2024

Robinhood Acquires Bitstamp in $200 Million Deal to Strengthen Global Crypto Presence

June 6, 2024

What sets Floki apart from other memecoins is:

March 3, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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