The Terraform Labs CEO Do Kwon has complained that his “rights” are being “violated.” And legal experts warn that it could be “years” before his case is heard if he is extradited to face charges in his native South Korea.
The arrest of the missing crypto chief in Montenegro last week has apparently opened a legal can of worms – with no quick resolution to the case in sight. Kwon fled South Korea prior to the collapse of Terra ecosystem coins last year. He shuttered his domestic businesses before leaving the country.
Montenegro’s legal system only allows suspects to be detained for up to 72 hours, JTBC reported. But a court accepted a prosecution request to extend his detention period for up to a month.
Kwon’s legal team said he would “appeal” the decision to extend his detention period. And the legal team added that the CEO’s rights were being “violated” – as he had not been interrogated via a Korean-speaking interpreter.
The legal team said that Kwon wanted to face interrogation in “his native language.”
The lawyers said that Kown had been “deprived of the right to defend himself.”
Kwon and the Chai Corporation CEO Han Chang-joon were reportedly arrested at Podgorica International Airport on March 23 when they tried to board a flight to the United Arab Emirates.
Media outlets reported that “a counterfeit Costa Rican passport” was seized – along with a “fake Belgian passport.” Other documents, including a bogus Hawaiian driving permit, were also allegedly seized.
Kwon is wanted on fraud and securities law violations in both the United States and South Korea. Prosecutors in the US want to try him on eight charges, while Singaporean courts also want to question him. Terraform is headquartered in Singapore.
As Kwon was allegedly
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