Crypto Mogul Do Kwon Extradited to US to Face Charges
Montenegro extradited South Korean cryptocurrency mogul Do Kwon to the United States on Tuesday following a decision of its justice ministry earlier this month to accept a U.S. request, the Balkan country’s authorities said.
Why It Matters
The extradition of Kwon follows a legal saga that spanned months with both South Korea and the United States vying for custody of the disgraced entrepreneur.
Montenegrin courts had grappled with the competing requests, issuing and overturning multiple rulings before ultimately siding with the U.S., a decision that underscores the high-stakes international battle for accountability in the wake of Kwon’s alleged financial crimes.
What To Know
Do Kwon, who had been in Montenegrin custody since his arrest in…
