In the eyes of the law, everyone is equal. Every sin receives punishment one day and no one can avoid it. But especially in high-profile cases, the culprit gets bail while he uses his contacts and money. But it is not necessary that every time a rich person is saved from his crimes, the law of some countries is quite strict and they never discriminate against people based on their status, that’s why a big shot is willing to spend the rest of his life. life behind bars. Now, being a famous name, it is obvious that people will find the reason for imprisonment from him.
What happened to Do Kwon?
The infamous ex-crypto titan Do Kwon may reportedly spend most of his life in jail, first in his native South Korea and then in the United States. This information has been shared by the top prosecutor of the Asian nation. Both countries are reportedly seeking extradition on Kwon’s charges related to the collapse of digital tokens he created, an implosion that blew up at least US$40 billion (RM184 thousand). Former Titan Do Kwon was arrested in Montenegro in March, ending a stint as a fugitive.
It is possible that the person will be tried and sentenced on different and jurisdictional charges, starting with South Korea, as stated by Dan Sunghan, who leads the investigation into the fallen businessman. DDan Sunghan is the director of the financial crime investigation bureau at the Seoul Southern District Prosecution Service. He claims during an interview with the news reporter that the individual could then “be extradited to the United States and face trial there, and then carry out the sentence in the United States and South Korea.
The 49-year-old expects Kwon to get the record national conviction for financial fraud cases exceeding 40 years. Branko Andjelic, the defense attorney who defended Kwon in Montenegro, could not be reached by phone for comment on Dan’s statements. Well, for more information we have to wait. The culprit co-founded Terraform Labs Pte, which created a stablecoin called TerraUSD that was to have a constant value of US$1 (RM4.60) through a combination of algorithms and trading incentives involving sister token Iuna. We are finishing this news here, if you want to know more stay with us and don’t forget to read our other articles and if you have any suggestions please let us know. We’d love to hear. Until safe.
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Source: vtt.edu.vn