Terraform Labs co-founder Do Kwon has had his request for bail revoked despite paying a bail sum of €400,000 euros ($429,000) last week. Instead, Do Kwon will remain in custody as he faces charges of fabricating official documents in Montenegro. A court statement revealed how Do Kwon and former Terra executive Han Chang-Joon’s request for […]
The post Do Kwon jail stay extended despite already posting huge bail appeared first on Protos.
A high court in Montenegro overrode a lower court’s previous decision that would have released Terraform Labs founder Do Kwon on bail. Bloomberg first reported on the news. Kwon will remain in jail until the Basic Court in Montenegro makes another decision in light of the latest decision by the high court, per Bloomberg, which […]
Montenegro court overturns Terraform founder Do Kwon’s bail by Kate Park originally published on TechCrunch
Do Kwon remains in jail, and the lower court will be forced to make another decision on his bail ruling.
A Montenegrin high court has revoked bail for Terraform Labs co-founder Do Kwon and the former chief financial officer.
A Montenegrin high court in Podgorica has revoked Terraform Labs co-founder Do Kwon’s bail. According to a May 24 Bloomberg report, a spokeswoman for the court Marija Rakovic said the court decision also affects the company’s former CFO, Han Chong-Joon. This means that Kwon and Chong-Joon would remain in jail until their trial. Following this […]
The post Montenegrin court revokes Do Kwon’s bail appeared first on CryptoSlate.
Crypto News: According to recent reports, the bail approval of controversial crypto entrepreneur Do Kwon and his subordinate Han Chang-Joon has been scrapped by the Montenegro High Court. The decision comes after the local prosecution team contested th…
Crypto News: According to recent reports, the local prosecution team has contested the bail approval of controversial crypto entrepreneur Do Kwon and his subordinate Han Chang-Joon in the basic court of Montenegro. This comes after Kwon’s legal t…
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.