This couldn't be further from the truth and shows how the majority of people do not understand the benefits that crypto offers.
Do Kwon might not be any good at sneaking though airports, but he certainly knows his way around the crypto scene. He has had plenty of time to launder his coins. In fact, he's probably had more time to plan and execute an exit scheme than any of the other crooks who got busted lately. So I wouldn't underestimate how well he has hidden his embezzled billions.
Bitcoin is going nowhere. Time itself will teach the naysayers. HN will be angry, in denial, etc as the trend of bitcoin adoption plays out. But they can’t be so ignorant as to stop it. In other words, their education is not required.
The opposite: hard to hide (thanks to blockchain) but also impossible to confiscate (assuming you did it right or don't cave in).
If the purpose of the confiscation is simply to freeze the funds, it seems many agencies can do so. If they're patient enough, they'll eventually catch the owner when the funds move.
Is this because of the courts or prosecutors? I don't see the latter being lenient with a fugitive.
The sentencing guidelines maintained by the courts have all sorts of conditions for reducing the sentence that can be compounded to skew the result heavily towards the low end of the legally mandated range, and many times even below the legal minimum. For example, people who were drunk when they committed crimes often get away with lower sentences because "they probably weren't aware of what they were doing." Bonus points if you have a wife and kids to feed, pay a token amount to your victims as compensation, get your mom to write a letter to the judge, and/or act like you're sorry on your day in court.
If he doesn't want to be extradited, he can delay the process for quite a while like Julian Assange did.
Then we should pray he gets extradited to somewhere else.
Wouldn't the right word here be "extradite", or was he a US citizen?
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.
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.
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.