Do Kwon faces a potential extradition request from the United States Securities and Exchange Commission (SEC) over his role in the collapse of the Terra and Luna stablecoin projects. The SEC has already charged Kwon and several others associated with the projects with securities violations and fraud. Now, the SEC reportedly wants to take Kwon into custody, as he resides in South Korea. The SEC has reportedly filed an extradition request with the South Korean government for Kwon’s return to the U.S., where he would face trial for his alleged crimes. Should South Korea refuse the request, the case could drag on for months or even years, and Kwon could very well remain in South Korea indefinitely.
Do Kwon Fights SEC Extradition Request Over Terra and Luna Stablecoin Collapse
