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MainNewsSouth Korea ...

South Korea Gains Custody of Han Chang-joon in Terra Crypto Collapse


Feb, 06, 2024
< 1 min read
by CoinEdition
  • Terraform Labs CFO Han Chang-joon was extradited to South Korea.
  • Co-founder Do Kwon’s extradition status remains uncertain.
  • Terra’s $60 billion collapse led to legal troubles and international attention.

Terraform Labs’ financial officer Han Chang-joon has been extradited to South Korea after being arrested in Montenegro. Han, along with the co-founder of the company, Do Kwon, was detained in South Korea after an unsuccessful escape attempt on a private jet in March 2023, thus ending an international six-month search.

According to official police reports, the Montenegrin Ministry of Justice decided to extradite Han. In addition to this, South Korean authorities plan to prosecute, launching criminal proceedings over several counts of financial fraud that could lead to life imprisonment in South Korea.

Following Han’s extradition, Do Kwon’s extradition appeal outcome remains undisclosed. Kwon has been …

The post South Korea Gains Custody of Han Chang-joon in Terra Crypto Collapse appeared first on Coin Edition.

Read the article at CoinEdition

Read More

MMA Star Conor McGregor’s REAL Token Draws Backlash Over Structure and Execution

MMA Star Conor McGregor’s REAL Token Draws Backlash Over Structure and Execution

Conor McGregor, the former UFC champion, has entered the crypto scene with the launch...
Apr, 06, 2025
by BeInCrypto
Celestia’s (TIA) 30% Price Crash Triggers Record Outflows in 2025

Celestia’s (TIA) 30% Price Crash Triggers Record Outflows in 2025

Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of ...
Apr, 06, 2025
by BeInCrypto
MainNewsSouth Korea ...

South Korea Gains Custody of Han Chang-joon in Terra Crypto Collapse


Feb, 06, 2024
< 1 min read
by CoinEdition
  • Terraform Labs CFO Han Chang-joon was extradited to South Korea.
  • Co-founder Do Kwon’s extradition status remains uncertain.
  • Terra’s $60 billion collapse led to legal troubles and international attention.

Terraform Labs’ financial officer Han Chang-joon has been extradited to South Korea after being arrested in Montenegro. Han, along with the co-founder of the company, Do Kwon, was detained in South Korea after an unsuccessful escape attempt on a private jet in March 2023, thus ending an international six-month search.

According to official police reports, the Montenegrin Ministry of Justice decided to extradite Han. In addition to this, South Korean authorities plan to prosecute, launching criminal proceedings over several counts of financial fraud that could lead to life imprisonment in South Korea.

Following Han’s extradition, Do Kwon’s extradition appeal outcome remains undisclosed. Kwon has been …

The post South Korea Gains Custody of Han Chang-joon in Terra Crypto Collapse appeared first on Coin Edition.

Read the article at CoinEdition

Read More

MMA Star Conor McGregor’s REAL Token Draws Backlash Over Structure and Execution

MMA Star Conor McGregor’s REAL Token Draws Backlash Over Structure and Execution

Conor McGregor, the former UFC champion, has entered the crypto scene with the launch...
Apr, 06, 2025
by BeInCrypto
Celestia’s (TIA) 30% Price Crash Triggers Record Outflows in 2025

Celestia’s (TIA) 30% Price Crash Triggers Record Outflows in 2025

Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of ...
Apr, 06, 2025
by BeInCrypto