[HN Gopher] Do Kwon and Terraform Labs found liable for $40B fraud
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       Do Kwon and Terraform Labs found liable for $40B fraud
        
       Author : paulpauper
       Score  : 20 points
       Date   : 2024-04-05 21:25 UTC (1 hours ago)
        
 (HTM) web link (www.web3isgoinggreat.com)
 (TXT) w3m dump (www.web3isgoinggreat.com)
        
       | wifipunk wrote:
       | Good. Do Kwon is grifting sociopath and lost a lot of people
       | money. From the start his first reaction was PR damage control
       | and like the post says he even tried to make a run for it.
       | 
       | Zero personal accountability.
        
       | medion wrote:
       | Isn't he hidden away somewhere without extradition treaties?
       | After seeing what happened to SBF, he'll make damn sure he
       | doesn't go before any courts.
        
         | neom wrote:
         | "Terraform Labs co-founder Do Kwon, a cryptocurrency fugitive
         | being held in Montenegro and wanted in both South Korea and the
         | US, may end up on trial in New York after the Balkan nation's
         | Supreme Court overturned earlier decisions, including those to
         | hand him over to his native country.
         | 
         | In case of dueling demands, the country's justice minister will
         | eventually decide where to hand over the suspect, after courts
         | determine whether conditions for extradition are met, the
         | Supreme Court said in a statement on Friday. It also sent back
         | the case to Podgorica-based High Court for that legal
         | assessment.
         | 
         | The top court in the Balkan nation of 620,000 acted after
         | Montenegro's top prosecutor challenged Kwon's extradition to
         | South Korea, citing procedural errors in the verdict. Kwon's
         | legal team has pushed for extradition to South Korea, where
         | sentences for white-collar crimes tend to be less harsh than in
         | the US. Montenegro's government intends to approve extradition
         | to the US, a person close to the matter, who declined to be
         | identified as the decision isn't public yet, told Bloomberg in
         | late February."
         | 
         | https://www.bloomberg.com/news/articles/2024-04-05/do-kwon-m...
        
           | KRAKRISMOTT wrote:
           | Guess realpolitik always trumps rule of law
        
       | whalesalad wrote:
       | Important to note that this is unrelated to Hashicorp /
       | Terraform.
        
         | scaredginger wrote:
         | Also, Terraform Industries (natural gas company)
        
           | voytec wrote:
           | And United Federation of Planets' Terraform Command
        
             | pwb25 wrote:
             | and Terraforming concept
        
           | dudeinjapan wrote:
           | Also, the Terran Dominion in the Koprulu Sector led by
           | Arcturus Mengsk.
        
       | peppertree wrote:
       | Do Time.
        
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       (page generated 2024-04-05 23:01 UTC)