Interpol fugitive and chief of Terraform Labs Pte. Ltd. Kwon Do-hyung has registered his residential address in the Republic of Serbia, according to South Korean media reports citing local prosecutors.
See related article: Terra cryptocurrency fugitive Do Kwon flew to Serbia last month, South Korean prosecutor says
Fast facts
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Seoul Southern District Prosecutor Choi Sung-kook told Forkast via text message that the local media reports were not false, but declined to confirm details.
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Korean news outlets speculate that, with the registered address, Kwon may file an appeal against his extradition that Korea’s justice ministry is preparing for.
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Kwon moved to Serbia before mid-October, contradicting previously confirmed reports of the Terra CEO’s November entry into the Eastern European country.
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Kwon and Terraform Labs have repeatedly claimed that South Korea’s investigation into Terra-Luna was unfair and over politicized.
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An unnamed prosecutor investigating Kwon and Terraform Labs explained that such repeated comments signal Kwon’s potential to take legal action against Korea’s extradition request, as a politically-motivated investigation could be a reason for refusing to comply with extradition, according to South Korean news outlet Munhwa Ilbo.
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If Kwon chooses to appeal against the extradition, his return to South Korea could be delayed several years, the prosecutor told Munhwa.
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The Seoul Southern District Prosecutors’ Office has suspended the statute of limitations on…
