South Korean Terra investor community wants Do Kwon sent to US, not Korea | Headlines | News | CoinMarketCap
03/08/2024 15:45
A group of South Korean investors in Terra-Luna, who claim to be victims of its collapse, released a statement on Friday advocating for the …
A group of South Korean investors in Terra-Luna, who claim to be victims of its collapse, released a statement on Friday advocating for the extradition of Terraform Labs co-founder Do Kwon to the U.S. instead of Korea. This follows Thursday’s high court decision in Montenegro to extradite Kwon to South Korea.
The statement, posted on a public online forum hosting the community for Terra-Luna victims with over 2,700 members, claimed that Kwon may not receive the appropriate amount of punishment he allegedly deserves. The U.S. Department of Justice said that it will continue to pursue the extradition of Do Kwon from Montenegro, according to a Bloomberg report on Friday.
“Even if [Kwon] is sentenced in the first trial in South Korea, where rules on punishing crypto crimes have not been …