Given South Korea's fairly lenient prison sentences [0] (or maybe I'm just biased up by the very long US sentences) and that South Korea has a history of not extraditing to the US [1], I don't understand why he would risk worse leaving the country and trying to evade South Korean authorities.<p>[0] <a href="https://msccsp.org/nasc/downloads/HyungkwanPark_supplemental_material_NASC2009.pdf" rel="nofollow">https://msccsp.org/nasc/downloads/HyungkwanPark_supplemental...</a><p>[1] <a href="https://www.nytimes.com/2020/07/06/world/asia/south-korea-child-pornography-extradition.html" rel="nofollow">https://www.nytimes.com/2020/07/06/world/asia/south-korea-ch...</a>
For anyone who might enjoy some YT regarding this, Coffeezilla, who raises awareness about a lot of crypto scams, is covering Luna well:<p>- <a href="https://www.youtube.com/watch?v=ZvzwpbFSi44" rel="nofollow">https://www.youtube.com/watch?v=ZvzwpbFSi44</a><p>- <a href="https://www.youtube.com/results?search_query=coffeezilla+do+kwon" rel="nofollow">https://www.youtube.com/results?search_query=coffeezilla+do+...</a>
It’s alleged he transferred vast sums from the terra treasury to his personal wallet. South Korea is a relatively lenient jurisdiction with a high penetration of blockchain products. But if these accusations are true, it is a case of theft rather than failed innovation.
This tweet aged well.<p>- <i>"none of us were notified of this at all; when i found out about this, the south korean prosecution told me they usually don't notify people of this because they might destroy evidence and/or leave the country beforehand"</i><p>- <i>"tbh people being treated as potential criminals like this is absolutely outrageous and unacceptable"</i><p><a href="https://web.archive.org/web/20220622034155/https://twitter.com/unifiedh/status/1538825838279663617" rel="nofollow">https://web.archive.org/web/20220622034155/https://twitter.c...</a><p>(To be clear, this is a different Terra person; not Do Kwon).
Do you think really $43 billion lost? Or rather that was the theoretical peak valuation? It just seems a staggering amount of money to be available for a new startup crypto project.<p>Hmm, wonder if Do Kwon is reading this :)
Countries have extradition treaties. Hell even when they don't if you're a diplomatic nuisance you'll be thrown on an airplane- which is what happened to a Dutch drug cartel leader in Dubai.
I'm confused about this story. Are the South Korean authorities claiming Kwon is no longer in South Korea?<p>He has a young family (with a child less than a year old) as far as I know, where are they?