Crypto fugitive Do Kwon faces US and South Korean charges. Who gets him first?


Kwon (centre) is taken to court after being arrested at the airport on March 24, 2023 in Podgorica. US and South Korean prosecutors have both said they will request Kwon’s extradition. — AFPp

Terraform Labs Pte co-founder Do Kwon is in a jail in Montenegro, but his ultimate destination will likely be the US or South Korea. Both countries have charged him in connection with an alleged cryptocurrency fraud that wiped out US$40bil in market value.

But which country will get first crack at the TerraUSD creator? US and South Korean prosecutors have both said they will request Kwon’s extradition. Montenegro’s justice minister, Marko Kovac, said on March 29 a judge would decide how to proceed.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Perplexity AI machine accused of sharing data with Meta, Google
The AI video apps gaining ground after OpenAI declared�Sora dead
Advocacy groups urge YouTube to protect kids from 'AI slop' videos
WhatsApp says Italian surveillance company tricked around 200 users into downloading spyware
Exclusive-Intel looks to put millions more into SambaNova startup chaired by CEO Tan
Singapore gets robotaxis as Grab, WeRide launch driverless cars
Related Digital nears $16 billion financing for Oracle data center, source says
Analysis-SpaceX’s orbital data centers could face same hurdles as Microsoft’s abandoned undersea project
Italian bill proposes curbs on social media addiction
SpaceX IPO buzz lifts aerospace shares on spillover bets

Others Also Read