Prosecutors: "All necessary measures taken for Kwon Do-hyung's extradition... Will do our best to recover criminal proceeds"

The prosecution stated that it is making every effort to repatriate Kwon Do-hyung, CEO of Terraform Labs (32), who was arrested in Montenegro, to South Korea.

On the afternoon of the 28th, Heo Jeong, Deputy Chief Prosecutor of the Seoul Southern District Prosecutors' Office, said at a press conference held at the Southern District Prosecutors' Office in Yangcheon-gu that "all the necessary documents have been sent" regarding measures taken for Kwon's repatriation, emphasizing that the decision of Montenegro is crucial.

Deputy Chief Prosecutor Heo said, "In judicial history, it is rare for multiple countries to come forward to request extradition, as in Kwon's case," and added, "It is difficult even for me to predict which country he is most likely to be sent to."

Regarding public opinion that Kwon should be sent to the United States, where the punishment is harsher, rather than repatriated to South Korea, he said, "I believe repatriation to South Korea is most helpful for the victims' recovery," and added, "Since Kwon is Korean, it is appropriate for him to be punished in Korea, and we must not lightly give up our country's criminal justice jurisdiction."

He also stated that maximum seizure and preservation measures have been taken regarding Kwon's criminal proceeds. Deputy Chief Prosecutor Heo said, "We are making efforts to recover criminal proceeds, including freezing Kwon's overseas accounts." Regarding the seizure and preservation measures taken on assets worth 140 billion won of Shin Hyun-sung, CEO of Chai Corporation, he said, "From the victims' perspective, it may be insufficient, but we will consider this and do our best to ensure that the victims receive as much as possible."

This content was produced with the assistance of AI translation services.