Terraform Labs CEO Do Kwon Faces Extradition to South Korea

According to a study published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with papers forgery successful Montenegro. Kwon was arrested astatine the Podgorica airdrome portion traveling with fake documentation. South Korean prosecutors person said the Terra co-founder faces extradition to South Korea.

Montenegro Police’s Account of the Falsified Travel Documents Found successful Kwon’s Possession

Terraform Labs co-founder and CEO Do Kwon, besides known arsenic Kwon Do-hyung, was arrested connected Thursday successful Montenegro, a mountainous state located successful South Eastern Europe connected the Balkan Peninsula. The quality was archetypal disclosed connected March 23 by Montenegro’s interior curate Filip Adzic who explained Kwon was apprehended astatine the Podgorica airdrome bearing phony recognition documents.

According to a report published by the AFP connected Friday, Kwon is present being charged with forgery successful Montenegro. Kwon was besides traveling with an chartless companion who was besides taken into custody. “A transgression ailment was filed against some persons for the transgression discourtesy of papers forgery,” Montenegro’s constabulary detailed. In summation to forgery charges, prosecutors privation to detain Kwon for 30 days arsenic helium ostensibly denied his recognition documents were forged.

As the Minister of Interior @filip_adzic, announced earlier today, 2 🇰🇷 citizens, Kwon Do Hyeong and Hon Chang Joon, were apprehended and brought to the Basic State Prosecutor's Office successful Podgorica, connected transgression charges for the transgression discourtesy of papers forgery nether (1/3) pic.twitter.com/iS0rRs2Fwv

— mupCG (@MupCg) March 23, 2023

Further, Kim Hee-kyung, a spokeswoman for the Seoul Southern District Prosecutors’ Office told AFP that the authorities would similar to spot Kwon extradited backmost to South Korea. “South Korean prosecutors volition instrumentality steps to repatriate Kwon Do-hyung. We are moving connected the process,” the spokeswoman explained. Kwon besides faces a fig of lawsuits successful the United States including a caller suit that was initiated by the U.S. Securities and Exchange Commission.

Montenegro constabulary noted that Kwon and his companion had “falsified travel” documents that derived from Costa Rica and the duo was looking to alert retired to Dubai. The constabulary besides said that upon a luggage inspection, determination were besides question documents from South Korea and Belgium. Montenegro’s interior ministry said that Kwon’s Belgium recognition was besides forged documents. The sanction of Kwon’s traveling companion has not yet been disclosed.

What bash you deliberation astir Do Kwon getting arrested successful Montenegro aft getting caught with falsified question documents? Share your thoughts astir this taxable successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, AFP, Twitter,

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