The former Chief Financial Officer of Terraform Labs has been extradited to South Korea

2024-02-05 18:45:57

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ChainCatcher news, according to DL News, the Montenegrin police announced today that former Terraform Labs CFO Han Chang-joon has been extradited to South Korea. According to the official statement from the country's police, the decision to extradite Han Chang-joon was made by the country's Ministry of Justice. The Montenegrin police stated that Chang-joo has been "handed over" to South Korean authorities so that they can initiate "criminal proceedings to charge him with multiple criminal offenses related to fraud in financial investment services, investment, and capital markets, which can be punishable by life imprisonment in South Korea."

Kwon and Joon's attorney Goran Rodic stated, "We are still waiting for a decision regarding Do Kwon after we filed our appeal."

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