South Korea’s National Police Agency has officially requested assistance from the International Criminal Police Organization (Interpol) in bringing back Kwon Do-hyeong, the co-founder of Terraform Labs, to South Korea, according to a local news agency on March 7.
After Terra co-founder Do Kwon won an extradition appeal in a Montenegro court denying his extradition to the United States, South Korea has started preparing for his extradition.
On March 7, South Korea’s National Police Agency announced that it had reached out to the Interpol Secretariat to request the extradition of Mr. Kwon to Korea. The agency said it had requested the Interpol Secretariat in the name of the Interpol National Central Secretariat of the Republic of Korea, hoping to get support at the Secretariat level.
However, the agency has yet to receive a response from Interpol. Additionally, South Korea’s Ministry of Justice is also reportedly seeking assistance from Interpol, as per local news agency Newsis. Lee Yong-sang, an international cooperation officer, mentioned that the Ministry of Justice’s International Criminal Division and the National Police Agency are actively engaged in the process of repatriating Mr. Kwon through international channels, including Interpol.
Officer Lee Yong-sang said,
“The Ministry of Justice’s International Criminal Division and the National Police Agency are working together to repatriate Mr. Kwon through the International Criminal Cooperation Channel and Interpol’s International Cooperation Line, respectively.”
Understandably, Terra’s token LUNA is not a security in South Korea, as the Southern District Court in Seoul ruled that these tokens are not securities under the Capital Markets Act. However, a judge
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