Do Kwon would have found refuge in Serbia, specify the South Korean authorities. An extradition request has been made to bring him back to South Korea.
Do Kwon would be hiding in Serbia
Has the time for Kwon’s run to end come? According to Yonhap, the South Korean authorities believe that the co-founder of TerraForm Labs left Singapore in September. And right now he is in Serbia.
” Investigating authorities have discovered that Terraform Labs CEO Do-hyeong Kwon (31), who is on the run after causing the collapse of ‘Terra Luna’, recently moved to Serbia wrote journalist Song Jeong-eun.
Chosun Media also reported that the South Korean Ministry of Finance quickly contacted the Serbian government with a view to extraditing Do Kwon.
However, it turns out that Serbia is not one of the 31 countries with which South Korea has concluded a bilateral extradition treaty. But in the event that this country refuses to hand over the ex-CEO of Terra to South Korean justice, the EU, which has just ruled on cryptocurrency transactions, will take care of it. Serbia, whose accession to the 27 is expected for 2025, will have to cooperate if necessary.
Towards the end of the run of the co-founder of Terra?
Since moving to Singapore last April, Do Kwon has never specified where he will live. Many believed after Terra’s collapse that he would have holed up in the Lion City. According to his comments on Twitter, he was not ” on the run » and did not observe « no effort to hide “.
On the social network recently acquired by Elon Musk, he seems rather talkative. Last week, for example, when New York prosecutors decided to open an investigation into a possible relationship between SBF and the de-peg of TerraUSD (UST), he reacted promptly on Twitter.
If his relatives are already behind bars, or have been tried in South Korea, Do Kwon will also have to answer for his actions in court after his extradition from Serbia. Moreover, the Seoul Southern District Prosecutor’s Office has already issued an arrest warrant against him. It also turns out that Interpole added it to its “red notice”. But with the escape fund he had built up, the South Korean authorities will have to expect a difficult manhunt..
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