Montenegro’s prime justice official has privately stated he plans to ship disgraced crypto tycoon Do Kwon to the U.S. reasonably than South Korea to face prison costs, individuals accustomed to the matter stated.
Kwon—who has been jailed within the Balkan nation since March—has been the main focus of an international tug-of-war as each the U.S. and South Korea search his extradition. Prosecutors in each international locations need to put Kwon on trial for fraud and securities-law violations in reference to the $40 billion crash of his TerraUSD and Luna cryptocurrencies in Might 2022. Kwon is a South Korean citizen.
A Montenegro courtroom final month accredited Kwon’s extradition, however left it as much as Justice Minister Andrej Milovic to resolve whether or not to ship him to the U.S. or South Korea. Milovic has not but introduced his choice and is unlikely to take action till the nation’s courts have dominated on a last-ditch enchantment by Kwon towards the courtroom ruling.