Bloomberg: U.S. challenges Do Kwon’s extradition to South Korea, continues to seek extradition to U.S.

U.S. prosecutors will continue to seek the extradition of Terra founder Do Kwon, the U.S. Department of Justice said in a statement. The U.S. continues to seek the extradition of Do Kwon in accordance with relevant international and bilateral agreements and Montenegrin law. Terrence Yang, managing director of Swan Bitcoin and former legal counsel for Merrill Lynch, said the United States may be the country with the largest number of victims in terms of both number and dollar amount. It seems absurd for a Montenegrin court to extradite Do Kwon to South Korea, where he would likely be acquitted or given a lenient sentence, but not in the United States. As previously reported, Terra founder Do Kwon’s lawyer Goran Rodic stated that Do Kwon plans to be extradited to South Korea after March 23. (Bloomberg)