PODGORICA, Montenegro:  , Montenegro , on Tuesday ( Dec 31 ) extradited to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul over his firm’s multi-billion-dollar bankruptcy, officials said.
Do Kwon was “hand over to the competent law enforcement of the United States of America and Federal Bureau of Investigation ( FBI ) agents,” according to a statement from Montenegro’s interior ministry.
He was extradited upon the judgement of , Montenegro , fairness government to face” legal proceedings in the US for crimes of conspiracy to commit scam”, the statement added.
Seoul and Washington have been asking for the South Korean’s extradition for months because he is suspected of playing a part in a fraud connected to the failure of his business, which cost about$ 40 billion in investor money and shook global crypto markets.
Following a season and a half of judge decisions and following reverses, Justice Minister Bojan Bozovic ruled last week that the extradition had been approved.
Kwon’s Montenegrin attorneys said they will file an appeal to the country’s constitutional court and the European Court of Human Rights after the court’s decision was deemed to be opposed to Western conventions on abduction.
” Today , Montenegro , completed the extradition of Do Kwon to the United States to face charges in the Terra/Luna case”, Prime Minister Milojko Spajic said on X.
” This extradition shows how unwaveringly committed we are to the rule of law and international fairness”!