Fri, December 27

Terra Co-founder Do Kwon Sentenced to 4 Months Prison in Montenegro

On Monday, the Basic Court of Montenegro decided in favor of the prosecution in the passport falsification case, convicting Terra co-founder Do Kwon and former CFO Han Chang-joon. Within the next six months, Montenegrin officials will have completed their investigation and legal process necessary to extradite Terra co-founder Do Kwon

June 19, 2023 1 min read

Court Orders Extradition of Do Kwon to South Korea Post Bail Approval

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

June 15, 2023 2 mins read

Terra Classic (LUNC) Makes a Comeback With Massive Surge

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

June 14, 2023 1 min read

Do Kwon Hires Services of Prominent Law Firm Dentons for U.S Lawsuit

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

May 29, 2023 2 mins read

Terra Founder Do Kwon Trapped Behind Bars with No Escape

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

May 26, 2023 1 min read

Montenegro Court Cancels Bail of Do Kwon Post Prosecutors Appeal

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

May 24, 2023 1 min read

Montenegro State Prosecutor Files Petition Over Do Kwon’s Bail Approval

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

May 19, 2023 1 min read

Do Kwon To Be Released Following $436,000 Bail Approval

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

May 12, 2023 1 min read

Terraform Lab’s Do Kwon Enters Not-guilty Plea in Montenegro Court

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,

May 11, 2023 1 min read

South Korean Prosecutors Confident of Do Kwon’s Extradition to S.Korea

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

May 5, 2023 1 min read
Floating Icon