The bail of crypto entrepreneur Do Kwon and his colleague Han Chang-Joon was recently revoked by the Montenegro High Court, according to recent sources. The judgement was reached when the local prosecution team challenged the bail, claiming the accused were going to leave Montenegro for another nation. Prosecutor Haris Sabotic
The bail clearance of prominent crypto entrepreneur Do Kwon and his colleague Han Chang-Joon has reportedly been challenged. This has been done at the basic court of Montenegro by the local prosecution team. Kwon’s legal team successfully petitioned the court for bail in the amount of almost 400k Euros (437k
After a judge approved bail in the amount of €400,000 ($436,000), the co-founder of Terraform Labs, Do Kwon, is anticipated to be released from jail pending trial, as reported by a Montenegrin news site. The CEO of Terraform Labs, a 31-year-old Korean national, and the company’s ex-chief financial officer, Han
After being detained on an international warrant and accused of traveling with phony papers, controversial crypto entrepreneur Do Kwon filed a not-guilty plea in a Montenegrin court. The 31-year-old CEO of Terraform Labs and the company’s ex-CFO, Han Chang-joon, were arrested in March at the airport in Podgorica, Montenegro’s capital,
On Friday, South Korean prosecutors called for the extradition of Terra’s creator, Do Kwon, who is now on trial in Montenegro. Having spent more time on the investigation and gathering of evidence than the United States, prosecutors are in the strongest position to seek justice for victims who lost about
Prosecutors in Montenegro have charged Terra’s co-founder Do Kwon and CFO Han Chang-joon on charges of document forgery. Do Kwon and Han Chang-joon were detained by Montenegrin police on March 23 for using counterfeit travel credentials to catch a trip to Dubai. Indictments for the crime of document fabrication were
Prosecutors in South Korea have verified that just before the catastrophic breakdown of the Terra ecosystem, Terraform Labs CEO Do Kwon sent 9 billion won ($7 million) to Kim & Chang, a prominent South Korean legal firm. Prosecutors reportedly cited Kwon’s choice to pay millions to the law firm as
A new report indicates that Do Kwon, the founder of Terraform Labs, has no assets that can be traced to him in his home country of South Korea. Kwon, who has been charged with fraud in both the United States and South Korea, was detained in Montenegro on November 23
Terra Classic (LUNC) DeFi platform, Terraport launched after several months of anticipation. The platform is built by the TerraCVitta development group. Terra classic offers LUNC-based Decentralised Exchange (DEX) and a launchpad for Terra Classic Ecosystem. Terraport announced the launch of Terra Classic on its Twitter page on March 31. The
According to reports, Terraform Labs co-founder and defendant Do Kwon will file an appeal against the court’s decision to prolong his custody by up to a month in Montenegro. The 31-year-old developer apparently went into hiding for a while when the project’s native token, LUNA, and its algorithmic stablecoin, UST,
