2023-5-12 15:14 |
Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.
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Do Kwon has won at least a temporary reprieve, with his bail set at 400,000 euros. The Montenegrin court granted him bail until his next hearing on June 16. In the online realm, theories abound linking his bail to the SEC complaints against Binance, but they are unlikely to be true.
2023-6-6 23:01 | |
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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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The attorneys representing co-founder of Terra Do Kwon and Terra executive Han Chang-joon proposed that they be put under house arrest upon posting bail of 400,000 euros each, approximately $436,000,...
2023-5-12 19:16 | |
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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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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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Minister will decide if Kwon will be extradited to the U.S. or South Korea.
Minister will decide if Kwon will be extradited to the U.S. or South Korea.
Ripple says the “in principle” approval will help scale its “On-Demand Liquidity,” the service it uses to source XRP liquidity to customers.
The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and fellow Terra executive Han Chang-Joon.
Courts in the country approved bail for the Terraform Labs founder, but a South Korea extradition request is set to keep him in jail.
Courts in the country approved bail for the Terraform Labs founder, but a South Korea extradition request is set to keep him in jail.
A lower court had determined the value of Kwon's property based on "statements" and not concrete evidence, a high court cited in a decision to scrap his bail approval.