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South Korea Prosecutor on Do Kwon’s Extradition Scenario

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The disgraced former crypto titan Do Kwon may spend most of his life behind bars, first in his native South Korea and then in the US, according to a scenario laid out by Dan Sunghan, who heads the probe into the fallen entrepreneur. Both South Korea and the US are seeking Kwon’s extradition. Dan is the director of the financial crime investigation bureau at the Seoul Southern District Prosecution Service. Do Kwon has denied Montenegrin charges of using forged travel documents. His representatives previously said the US securities fraud charge is unfounded and rejected allegations from prosecutors in Seoul. His lawyer in Montenegro couldn’t be reached to comment about the scenario laid out by Dan. Daniel Shin has also rejected involvement in the TerraUSD and Luna implosion, with his lawyer saying Shin voluntarily returned to South Korea after the collapse and has been cooperating with the probe.
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Trump Struggles to Sell Voters on the Economy

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Bloomberg News Senior Executive Editor Wes Kosova tells Bloomberg This Weekend that President Donald Trump is struggling to convince voters the economy is strong as higher fuel prices and affordability concerns weigh on his support, including among Republicans. Speaking with hosts David Gura and Lisa Mateo, Kosova says Trump’s last-minute promises of financial relief may have limited power to change voters’ perceptions, while the prolonged Iran war adds uncertainty over when energy prices could ease.
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Trump to Watch Election Returns at White House

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President Donald Trump is in the White House tonight watching the election returns. One official says Trump is feeling “cautiously optimistic.” Bloomberg’s Kate Sullivan reports.
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Own, Don’t Earn: ‘Everywhere Millionaire’ Author

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Owen Zidar, author of ‘The Everywhere Millionaire’, joins Scarlet Fu and Tom Keene discuss their must-read book on this week’s edition of “Bloomberg Money.” They discuss Zidar’s book, which lays out how wealth often comes from businesses outside of Wall Street. They also discuss ‘Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century’ by Napoleon Hill.
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Bain Capital Chair Expects $30 Billion of Exits This Year

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John Connaughton, Chair at Bain Capital, says he is optimistic about the firm’s Asia business and hopes to build momentum with exits in China. He speaks exclusively with David Ingles and Yvonne Man on the sidelines of the Hong Kong Monetary Authority Global Financial Leaders’ Investment Summit.
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Apple Looks Very Smart in Modest AI Spend: Tom Forte

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Tom Forte of Maxim Group says he is especially interested in commentary on the December quarter, when the latest iPhone models will have had more time to affect sales. He said initial demand for the new iPhone duo appears strong and pointed to pent-up interest in a foldable iPhone after a long wait. He speaks with Kailey Leinz & Ed Ludlow on “The Close.”
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