Kwon is also expected to be questioned by Montenegrin prosecutors about his ties to a local politician.
Kwon’s extradition to face charges by federal prosecutors and the U.S. Securities and Exchange Commission.
The Montenegrin Basic Court has scheduled a hearing on June 16 on charges against Kwon and former Terraform Labs chief financial officer Han Chong-joon of falsified travel documents. TheyProsecutor says Do Kwon’s extradition to South Korea would best serve Terraform Labs’ victims: Report Kwon is also expected to be questioned by the Special State Prosecutor’s Office about his ties to politician Milojko Spajić. Kwon claimed to have had contact with Europe Now party leader Spajić in a letter he sent to several officials just days before the latest round of elections in Montenegro.
Spajić denied ties to Kwon, but their alleged connection and possible financial contributions from Kwon were heavilyKorean media reports that for years, Do Kwon had secretly been sponsoring a prominent Montenegrin politician using illegal funds. Two days ago, a Montenegro high court approved Do Kwon's bail request again, allowing for his release from prison.
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