US prosecutors, arrested in Montenegro recently Terra (Luna) founder Do Kwon immediately took action. Whether the Terra founder will be returned across the ocean has been the subject of great debate on social media.
Since Do Kwon was originally a South Korean citizen, authorities in the Asian country also attempted to extradite him.
As the discussion in the crypto community continues, Lisa Braganca, former chief executive officer of the SEC, gave her opinion on Do Kwon’s situation during a live broadcast.
Do Kwon Can Be Tried In The USA!
Former SEC official Lisa Braganca argued that Terraform Labs and Do Kwon have jurisdiction in the country as they market LUNA and UST tokens to American investors.
“Even though Do Kwon or the other criminals don’t live in the US, he ran a massive marketing campaign aimed at investors in our country. They took large sums of money from our citizens.”
The American Securities and Exchange Commission SEC announced on February 16 that it had launched a fraud investigation against Do Kwon and Terraform Labs.
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