Montenegro decides to extradite Do Kwon to South Korea in retrial
The embattled South Korean had fought his extradition to the United States over several months.
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The embattled South Korean had fought his extradition to the United States over several months.
Oluwapelumi Adejumo 2 min read
Record-breaking open interest in Bitcoin futures signals growing trader confidence in further price growths.
South Korean authorities have threatened regulatory action on Worldcoin if it is in violation of local privacy laws.
Do Kwon's lawyers are not seeking an adjournment and the trial is expected to proceed as scheduled.
The timeline for his extradition is unclear and could take several weeks or months to finalize.
The decision aligns with the government and legislative consensus to prioritize regulatory groundwork before enforcing taxation on virtual assets.
The initiative is part of South Korea's effort to bolster financial oversight and consumer protection in the fast-evolving digital asset industry.
Criminal gains over $40 million could lead to life imprisonment under new laws set for July.
Local media reports arrests as execs claimed to take advantage of 'inefficiencies' in the market, HaruInvest halted withdrawals in 2023.