Experts Explain Why Do Kwon May Be in Serbia

cryptonews.com:

South Korean legal experts have been giving their thoughts on why the missing Terraform Labs co-founder Do Kwon may have chosen to take up residence in Serbia.

Earlier this month, South Korean prosecutors said they believed that Kwon was now resident in Serbia – and understood that he had traveled to the nation via the UAE. South Korea’s Department of Justice has reportedly spoken to its Serbian counterpart in an attempt to obtain an extradition order.

Kwon’s South Korean passport has been revoked, which – in theory at least – means he is unable to travel abroad from his current location. An arrest warrant has been issued for him and a number of other Terraform executives, and Interpol has issued a Red Notice, calling upon international police officers to arrest Kwon.

Kwon is wanted on charges of violating the Capital Markets Act and committing fraud – charges that he denies and has called “politically motivated.” But thus far, he has neither confirmed nor denied the suggestion that he has taken up residence in Serbia.

In a special report, the newspaper Chosun Ilbo asked a number of South Korean experts why Kwon may have chosen Serbia as a destination.

Here is what they had to say:

Serbia and South Korea have never signed an extradition treaty. Without this, experts say South Korean prosecutors may be in a tight spot. Seung Jae-hyeon, a researcher at the Korea Criminal Justice Policy Institute, was quoted as stating:

“In order for South Korean prosecutors to secure an arrest, Serbia must issue an extradition order, and extraditions need to be mutually beneficial. Serbia is still an unprecedented nation in this regard.”

Seung added:

“If there is no incentive for Serbia, South Korea will need to exercise public power to secure