Terra's Do Kwon Bail Status Overturned in Montenegro

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

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montenegro bail kwon co-founder embroiled labs terraform

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Источник: u.today

montenegro bail → Результатов: 9

Do Kwon allegedly withdraws $2.15m in stablecoins

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	Terraform Labs
kwon million won around worth according billion

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Terra founder gets bail, institutional adoption surges, regulatory efforts endure | Weekly Recap

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	United States
founder terra institutional adoption bail failed ecosystem

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Montenegro court releases Terra founder Do Kwon on $436k bail

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	Terraform Labs
kwon court montenegro bail han founder reports

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Terra’s Do Kwon To Walk Out Of Montenegro Jail After Securing $436,000 Bail

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	Terra
bail kwon jail 436 forgery travel document

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Do Kwon granted bail at €400,000 – against prosecutors wishes

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	People
prosecutors wishes kwon against bail court set

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Terra Luna founder Do Kwon’s bail terms officially accepted by Montenegro court

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	Court
bail montenegro kwon accepted court per 436

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Do Kwon Set to Be Released on Bail in Montenegro Travel Document Forgery Case

Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.

2023-5-12 15:14
bail kwon leaving restrict apartment trial country

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Do Kwon’s lawyers propose $436K bail as authorities prepare for June trial

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.”