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This is a preposterous premise in Kwon's case considering the US ripped away competing extradition from his home country and place of part time management of fr
by ty6853 2y ago
This is a preposterous premise in Kwon's case considering the US ripped away competing extradition from his home country and place of part time management of fraud, South Korea.
- gruez 2y agoBut you said last comment that "extraditing crypto scammers" was "ineffectual"? Which one is it?
- ty6853 2y agoI didn't say Koreas punishment would be effectual at securing our markets either. My answer implied it is not equal to shrugging of shoulders. Your false dichotomy here is totally illogical.
- gruez 2y agoSo US putting scammer in jail... "ineffectual", but South Korea doing the same is effectual? Are US prisons that much cushier that South Korean prisons?
- x3n0ph3n3 2y agoNo arguing OPs point, but their prisons are vastly different.
- ty6853 2y agoTo be clear I think jailing foreign crypto scammers is ineffectual at securing US markets but more cathartic to victims than shrugging shoulders. At the very least there seems to be little to no evidence it moves the needle. If you asked me I'd say most effectual would be a combination of public announcements on avoiding crypto scams and a revival of banking secrecy with no kyc or AML, as that would steal massive capital from crypto markets and scammers.
- deleted 2y ago[deleted]
- yongjik 2y agoAs a South Korean, I can ensure you that you won't find a single South Korean online who's upset that our country is "robbed" of the chance to give Kwon a slap in the wrist. When it was announced a while ago that Kwon was coming the South Korea, the disappointment was palpable. Unfortunately South Korea is unreasonable lenient on financial crimes, Koreans all know it, and Kwon himself knows it. That's why he's been fighting to get extradited to Korea instead of the US.