Crypto fugitive Kwon in good health in Montenegro: S. Korean officials
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Loading... - Dong-geun Bhang
- 03 Apr 2023
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This photo, taken on Tuesday, shows a correctional facility in Spuz, Montenegro, where Do Kwon is being held. (Yonhap)
Do Kwon, the co-founder of Terraform Labs, the company behind a cryptocurrency that suffered a multibillion-dollar crash last year, is in good health while being held in Montenegro, according to South Korean officials.
The 32-year-old, whose full name is Kwon Do-hyung, is locked behind bars in a detention facility in Spuz, a small town just north of the capital Podgorica. He was arrested last week after being on the run for nearly 11 months. "I met Kwon Do-hyung and asked about his health, and he said he is fine," an official of South Korea's Embassy in Serbia told Yonhap News Agency on condition of anonymity Tuesday. Serbia is a neighboring Balkan country.
Embassy officials have also met with Montenegro officials and requested their cooperation in the extradition of Kwon.However, it is unclear whether Kwon would be sent to South Korea, as U.S. prosecutors have also said they intend to seek Kwon's extradition for criminal charges. Kwon is detained along with one of his close aides, surnamed Han. The duo was arrested at Podgorica Airport on Thursday after attempting to travel to Dubai with forged passports. Read More…
