Do Kwon's Appeal in Fake Passport Case Denied by Montenegro High Court
The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence. Source
Read MoreThe founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence. Source
Read MoreTerraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison.Kwon’s colleague and former Terraform Labs chief financial officer Han Chong-joon was charged alongside him and received the same sentence. The time both
Read MoreKwon’s denial comes as a response to the accusations linking him to the forged travel documentation and alleged financial ties with Milojko Spajić. The Terra founder asserts that these claims are baseless, denying personal involvement. Terraform Labs co-founder and CEO Do Kwon has reportedly denied allegations of passport forgery, shifting the
Read MoreTerraform Labs founder Do Kwon told a Montenegro court that he wasn’t aware the passport he was traveling with was allegedly forged and instead pinned the blame on a Chinese-named agency.In a June 17 report from South Korean news outlet Segye Ilbo, Kwon told the Montenegrin Basic Court he received
Read More“Throughout my career, I’ve always been pushing things forward,” said Snoop Dogg in a press release. “With the passport series, I can give my fans the opportunity to travel the world with me – no one’s ever done that. I’ve always been a pioneer, and digital merch is part of
Read MoreIn March, Kwon, along with former Terra executive Han Chang-joon, were arrested in Montenegro for allegedly attempting to travel with falsified documents. Authorities in South Korea had been searching for Kwon after his multi-billion dollar crypto enterprise collapsed in May last year. Since his arrest, both South Korea and the
Read MoreProsecution appealed a previous decision by a lower court in the country to let the disgraced founder go free while he faced trial. Source
Read More“For Web3 gaming to reach a billion players, onboarding must be invisible, secure and work across any game – mobile, console or desktop," said Immutable president and co-founder Robbie Ferguson. "Passport is a self-custodial wallet, where users can sign in with just an email and one-time password – it will
Read MoreThe South Korean Ministry of Foreign Affairs posted a public notice on its website Wednesday announcing it would invalidate Terra creator Do Kwon's passport. Original Source
Read MoreSouth Korea’s Ministry of Foreign Affairs also issued an order to the other five individuals to return the passports they posses. The order was put through after the Seoul Southern District Prosecutor's Office for Financial and Securities Crimes requested the six individuals' passports be invalidated, Munhwa reported. Original Source
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