Montenegro

Montenegro’s Minister of Justice, Bojan Božović on Friday authorized the extradition of Terraform Labs co-founder Do Kwon to the United States, concluding months of legal wrangling over competing extradition requests from the U.S. and South Korea. What Happened: The ruling follows a decision...

The legal battle surrounding Do Kwon, co-founder of Terraform Labs, has taken another turn, with Montenegro’s Supreme Court having thrown a wrench into the extradition process, cancelling a lower court’s decision to send the beleaguered co-founder to South Korea. What Happened: The...

Terraform Labs co-founder Do Kwon is set to be extradited to the United States after a Montenegrin court's final decision. What Happened: The Podgorica High Court denied South Korea's request to extradite Kwon, according to local reports. The court's decision followed...

The Appellate Court at Podgorica in Montenegro has overturned a previous ruling by the High Court regarding Terra Labs (CRYPTO: LUNA) co-founder Do Kwon's potential extradition, citing issues in the legal process and a lack of clear reasoning. This decision follows a complaint raised...

The detention of Terraform Labs co-founder Do Kwon in Montenegro has been extended for two more months, until Feb. 15, according to court spokeswoman Marija Rakovic. This decision by the High Court in Podgorica comes in response to requests from both the United States and South Korea, where...

Montenegro's chief legal officer has expressed intentions to extradite the embattled cryptocurrency fugitive Do Kwon to the United States, bypassing South Korea. The Wall Street Journal reported the developments, quoting sources close to the situation. Since his arrest in...

Terraform Labs has appointed a new interim CEO, Chris Amani, amid the ongoing legal troubles of its co-founder, Do Kwon. What Happened: Amani, previously the company's COO and CFO, is stepping in to lead the crypto firm during this challenging time, The Wall Street Journal reported....

A Montenegro court handed down prison sentences to Do Kwon, founder of the Terra (CRYPTO: LUNA) blockchain, and Terra executive Han Chang-Joon for attempting to flee the country using counterfeit Costa Rican passports. The incident, which took place in March, saw the duo...

Terra founder Do Kwon refuted allegations of possessing a counterfeit passport during a court session in Montenegro, claiming that the Costa Rican passport in question was procured via a Singapore agency. In the court, Kwon was quoted as, “We applied for these passports through...

A court in Montenegro has extended the incarceration of former crypto fugitive Do Kwon and his associate Han Chang-Joon for an additional six months while they consider an extradition request from South Korean prosecutors. The decision comes after a higher court in Podgorica allowed Kwon and Han to...

Terra (CRYPTO: LUNA) founder Do Kwon's bail request has been approved by the Montenegro court, following the annulment of a previous approval by a higher court. Kwon, along with former Terra executive Han Chang-joon, was arrested in Montenegro in March for allegedly attempting to travel...

A court in Montenegro overturned a prior ruling that granted bail to ex-crypto titan and co-founder of Terraform Labs, Do Kwon. The high court's decision, which took place in Montenegro's capital of Podgorica, meant Kwon would continue to be held in custody, Bloomberg quoted...

Attorneys representing Terraform Labs (CRYPTO: LUNA) founder Do Kwon have suggested supervised bail as an alternative to detention while he faces charges in Montenegro for attempting to travel using counterfeit documents. Kwon and Terra executive Han Chang-joon were arrested in March by...

South Korean authorities have brought charges against Daniel Shin, co-founder of Terraform Labs, and nine other individuals for various offenses, including breaches of capital market regulations. The Seoul Southern District Prosecutors' Office announced that it has so far frozen 246.8 billion...

Lawyers for Do Kwon, founder of the defunct crypto issuer Terraform Labs, have requested a U.S. court to dismiss charges brought against him by the SEC, citing lack of jurisdiction among other reasons, according to court filings from Friday. Kwon has been on the run since the collapse of his...