Montenegro’s Supreme Court Reverses Decision on Do Kwon’s Extradition

Montenegro’s Supreme Court Reverses Decision on Do Kwon’s Extradition

In a recent development, Montenegro’s Supreme Court has overturned the decision to extradite Do Kwon, marking a significant turn in a complex legal battle. Despite earlier favorable rulings from various Montenegro courts, the case has been remanded to a lower court for further review. The extradition case revolves around requests from both South Korea and…

Do Kwon, TerraLuna Founder Released from Montenegro Prison

Do Kwon, TerraLuna Founder Released from Montenegro Prison

Do Kwon, a prominent figure in the cryptocurrency world, found himself at the center of a legal storm as he was released from prison in Montenegro. Kwon, known for his involvement in TerraUSD, faces charges related to the collapse of the digital currency, amounting to a staggering $40 billion. This article delves into the intricacies…

Swiss Prosecutors Seize $26 Million in Digital Assets Belonging to Do Kwon

Swiss Prosecutors Seize $26 Million in Digital Assets Belonging to Do Kwon

Terraform Labs (TFL), a renowned cryptocurrency company, faces further legal troubles as Swiss prosecutors have taken action to freeze approximately $26 million in digital assets and U.S. dollars owned by the imprisoned co-founder, Do Kwon. The assets were stored in Sygnum, a digital asset bank headquartered in Switzerland. Previous Asset Freezes This is not the…

Do Kwon, Terraform co-founder sentenced to four months in prison
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Do Kwon, Terraform co-founder sentenced to four months in prison

Do Kwon, was apprehended with the fraudulent passport in his possession. Despite his claim of being unaware of its illegitimacy, the court found him guilty and handed down a four-month prison term. This recent development adds to the list of legal troubles Kwon is currently facing. Notably, Kwon has also been accused of knowingly making…

Do Kwon Faces Extended 6 Months Sentence Amidst International Extradition Battle

Do Kwon Faces Extended 6 Months Sentence Amidst International Extradition Battle

DLnews Reported Do Kwon, and his associate Han Chang-Joon has entered a new phase as multiple legal decisions come into play. The Montenegro court has ordered that Kwon and Han remain incarcerated for an additional six months, considering an extradition request from South Korean prosecutors and a separate one from US authorities. At the same…

Do Kwon May Faces Potential Prison Time in US and South Korea

Do Kwon May Faces Potential Prison Time in US and South Korea

Terraform Labs co-founder and CEO, Do Kwon, is currently facing the possibility of multiple sentences in both the United States and South Korea, as revealed by a senior South Korean prosecutor leading the investigation. Kwon, who is presently under house bail in Montenegro, awaits a decision on his extradition. The prosecutor strongly believes that bringing…

Montenegro High Court Denies Bail for LUNA Founder Do Kwon

Montenegro High Court Denies Bail for LUNA Founder Do Kwon

Bloomberg reported, The Montenegro High Court has overturned a previous judgment that granted bail to Do Kwon and Han Chong-joon, two individuals at the center of a high-profile legal case. Do Kwon, the primary defendant, has been accused of forging documents, while Han Chong-joon, his former chief financial officer, is implicated in the same case….

Do Kwon Released on Bail After Montenegro Court Accepts €400,000 Bail

Do Kwon Released on Bail After Montenegro Court Accepts €400,000 Bail

Terraform Labs co-founder Do Kwon has been released on bail after a court in Montenegro accepted a €400,000 bail. Kwon was arrested in March in Montenegro on charges of traveling on forged documents. Kwon’s attorneys had argued that he should be released on bail because he is not a flight risk and poses no danger…

LUNA Founder Do Kwon Pleads Not Guilty To Forged Documents Charges

LUNA Founder Do Kwon Pleads Not Guilty To Forged Documents Charges

Do Kwon, the founder of Terraform Labs, has pleaded not guilty to charges of using forged identification documents in Montenegro. Kwon and another citizen of South Korea were charged with using falsified documents and have offered 400,000 euros each to be released on bail. The court in Podgorica, Montenegro’s capital, has not yet decided on the motion. Kwon…