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In March, the South Korean national was arrested in Montenegro over the alleged possession of falsified documents along with fellow Terra executive Han Chang-Joon. South Korean officials were already searching for Kwon, and following his arrest, the country requested Kwon's extradition, as did the U.S. Kwon also faces possible jail
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Terraform Labs co-founder Do Kwon will reportedly be taken into extradition custody in Montenegro, according to a report by the regional edition of Radio Free Europe (RFE). He also faces questions about ties to a local political figure.A spokesperson for the High Court of Montenegro told RFE that Kwon was
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The chief prosecutor in South Korea, leading the case against Terraform Labs CEO Do Kwon, indicated that he might face multiple terms in his home country and the United States. Kwon was recently granted a bail petition
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Terraform Labs co-founder and CEO Do Kwon may be subject to multiple sentences in the United States and South Korea, according to a senior South Korean prosecutor heading the investigation.It is understood that Kwon is currently serving house bail in Montenegro after having his bail proposal granted by a Montenegro court on
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Reports have emerged suggesting that Do Kwon, the co-founder of Terra, had financial connections to the leader of a political party in Montenegro. Outgoing Montenegrin Prime Minister Dritan Abazovic has reportedly requested the special state prosecution
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Terra co-founder Do Kwon could potentially be rereleased on bail again following a court ruling in Montenegro. According to an official release from the Basic Court, Podgorica, an appeal against an earlier bail agreement by the State
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Terraform Labs co-founder Do Kwon has been granted bail in Montenegro after an appeals process by prosecutors was dismissed by a Montenegrin court on June 2.According to an official release from the Basic Court in Podgorica, an appeal against an earlier bail agreement by the State Prosecutor’s Office was cast
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Kwon is currently expected to show up in court on June 16. The value of Kwon’s property was based on a statement alone, lacking concrete evidence. As a result, the high court has ruled against his bail. The requests to bail out Do Kwon, co-founder of the defunct Terra Labs, were
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Prosecution appealed a previous decision by a lower court in the country to let the disgraced founder go free while he faced trial. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 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
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