Meanwhile, Terraform co-founder and CEO Do Kwon is coming to the United States for trial on charges advanced by the SEC.
Former Terraform Labs chief financial officer Han Chang-joon was extradited from Montenegro to South Korea on Feb. 5, according to a statement by the police on a Montenegrin government website. Han was identified only as J.C.H. in the statement, but an unnamed police spokesman confirmed his identity to Reuters.
Han was arrested with former Terraform CEO Do Kwon at the airport in the Montenegrin capital Podgorica on March 23. They had been attempting to use forged Costa Rican passports to board a private jet heading to Dubai. According to the Montenegrin police statement said:
Oddly, the police statement said that Han is facing a life sentence in South Korea, which is more severe than the sentence Kwon is threatened with, according to a South Korean newspaper. A report in KBS World stated that Kwon may be sentenced to up to 40 years in prison.
