According to those acquainted with the case, the Montenegro High Court has granted bail to Terra co-founder Do Kwon and former CFO Han Chang-joon. The High Court judge who oversaw the probe also determined that South Korean nationals who were being held for possible extradition to South Korea would stay
In an exciting turn of events, Terra Classic (LUNC) has demonstrated remarkable resilience against building selling pressure, leading to a substantial recovery in its value. At the time of writing, the cryptocurrency experienced a notable surge, with LUNC trading up over 4% at $0.0000953. This surge also marks a significant
Reportedly facing indictment and investigation by US federal authorities, Terra co-founder Do Kwon has retained the services of one the biggest legal firm in the world, Dentons. Do Kwon has been represented by Dentons before. Many times he sought legal counsel from Dentons to fight subpoenas and lawsuits. The bail
The Montenegro High Court unexpectedly overturned an earlier ruling allowing contentious Terraform Labs co-founder Do Kwon to be released on bail. According to a court statement released on Thursday, Do Kwon’s request for bail was granted, but later it was rejected. In March, Terra’s founder, a South Korean, allegedly attempted
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
The Montenegro authorities have charged Do Kwon, the founder of Terraform Labs, with indictment after his recent arrest in Montenegro. Last month, authorities in Montenegro arrested Do Kwon and Han Chang-Joon, the Chief Financial Officer (CFO) of collapsed Terraform Labs, on charges of forgery. Following their arrest, a request for
