[phphphphp]

He’ll be watching his back in prison, he’s got access to billions of dollars — or, at least, is perceived to. He has wronged a lot of people, too. Also, prison is a one way street: if he stays on the run, and some day things do get to the point where he would feel safer in prison, he could hand himself in. Once he’s in prison, he has no choice left.

[kijin]

The South Korean justice system is notoriously lenient on white-collar crime, and it's exceedingly rare even for violent criminals to be murdered in a Korean prison. The popular perception is that you can spend a couple of years in prison and enjoy your ill-gotten gains for the rest of your life with no further repercussions, provided you've hidden your money well enough. Guess what, the whole point of crypto is that it's easy to hide.

A few years ago, a man named Son Jung-woo was arrested for running what was the largest child porn site in the world back then. His sentence? 18 months. The U.S. wanted to put him away for life, but the Korean courts would not deport him.

I'm sure Do Kwon would rather hand himself in to the Korean authorities than risk going to prison in any other country.

[0xcafefood]

>A few years ago, a man named Son Jung-woo was arrested for running what was the largest child porn site in the world back then. His sentence? 18 months. The U.S. wanted to put him away for life, but the Korean courts would not deport him.

This was the subject of the "Welcome to Video" episode of Darknet Diaries[1]. IIRC, he couldn't be extradited to the US because he was facing a lawsuit in Korea, one filed by his own father seemingly for precisely this side effect.

[1] https://darknetdiaries.com/episode/131/

[nbar1]

> the whole point of crypto is that it's easy to hide.

This couldn't be further from the truth and shows how the majority of people do not understand the benefits that crypto offers.

[seanmcdirmid]

> The U.S. wanted to put him away for life, but the Korean courts would not deport him.

Wouldn't the right word here be "extradite", or was he a US citizen?

[paulpauper]

Guess what, the whole point of crypto is that it's easy to hide

The opposite: hard to hide (thanks to blockchain) but also impossible to confiscate (assuming you did it right or don't cave in).

[skc]

>>The South Korean justice system is notoriously lenient on white-collar crime

Then I wonder why he didn't just turn himself in, do the time and come out after a couple years and enjoy his spoils.

I'd imagine prison in SK is bearable enough.

[JumpCrisscross]

> South Korean justice system is notoriously lenient on white-collar crime

Is this because of the courts or prosecutors? I don't see the latter being lenient with a fugitive.

[phphphphp]

So why didn’t he hand himself in? He’s been on the run since last year, he has had numerous opportunities to hand himself in before being arrested in Montenegro.

[vkou]

> The South Korean justice system is notoriously lenient on white-collar crime,

Then we should pray he gets extradited somewhere else.