2023-5-24 19:07 |
In a dramatic reversal, the Montenegro High Court has overruled a prior decision that permitted Terraform Labs co-founder Do Kwon, embroiled in a high-profile scandal, to be released on bail origin »
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After being granted bail by a court in Montenegro, Terra co-founder Do Kwon reportedly removed digital assets worth around 2.8 billion won ($2.15 million), according to several reports from South Korean media agencies.
2023-5-18 17:29 | |
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The crypto space witnessed an eventful week with several key developments. Authorities in Montenegro agreed to release Kwon Do-Hyung, founder of the failed Terra ecosystem, on bail despite the US and South Korea calling for his extradition. Meanwhile, institutional adoption…
2023-5-15 18:43 | |
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Terraform Labs founder Do Kwon and his former chief financial officer Han Chong-Joon have been granted bail by a court in Montenegro. According to media reports, the court decided to release Kwon and Han to house arrest under police supervision on…
2023-5-13 14:52 | |
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Montenegrin officials have granted Terraform Labs co-founder Do Kwon bail in the travel document forgery case. Kwon will be freed from jail on a supervised €400,000 ($436,000) bail pending trial.
2023-5-13 19:53 | |
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Terraform Labs co-founder Do Kwon will be released on bail alongside company CFO Han Chong-Joon — against the wishes of prosecutors. The Montenegro court has set a fee of €400,000 ($436,000) per person, according to Bloomberg.
2023-5-12 16:15 | |
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The Montenegro court accepted the offered bail of $436,000 per person for Do Kwon and his former aide Han Chang-joon.
2023-5-13 15:16 | |
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Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.
2023-5-12 15:14 | |
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Lawyers said Do Kwon and Han Chang-joon could be released on bail and largely confined to a Montenegro apartment with the “obligation to periodically report to the state authority.”
2023-5-12 17:58 | |
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Montenegrin authorities arrested the Terra founder in March for allegedly attempting to travel with fake documents.
2023-5-11 16:35 | |
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