Do Kwon Once Again Out of Jail, Montenegro Court Accepts Over $400,000 Bail

binance.com None The primary court in Montenegro once again granted Do Kwon’s bail request. • None The country’s prosecutors will have three days to appeal. • None Previously, the court…

Terra's Do Kwon arrested in Montenegro months after £40bn crypto crash

euronews.com Interpol was asked to arrest the South Korean following the $40 billion (€37 billion) collapse of crypto platform Terra and its two stablecoins. Police in Montenegro have…

Do Kwon’s Luxury Cars, Apartments Seized as Courts Freeze $2B of His Assets

cryptobriefing.com South Korean authorities have frozen around $2 billion worth of assets tied to Do Kwon, the CEO of blockchain firm Terraform Labs, as they continue their investigation into…

Terra Classic Isn’t a Security, Says South Korean Court

cryptobriefing.com Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network Terra’s native cryptocurrency, LUNC, was deemed not a security by the Seoul Southern District Court…

Coinone exec admits to ‘facts’ prosecutors shared in South Korea corruption trial

protos.com The former director of prominent South Korean crypto exchange Coinone has admitted to “the facts” of the charges that prosecutors outlined in South Korean court on Thursday,…

Down 23% as Fears of Rugpull Swell: Details

u.today MULTI, the native digital currency of the Multichain cross-chain protocol, is seeing the most dominant negative price actions today after plunging as much as 23% over the…

Do Kwon and his partner paid €800,000 bail and stayed in jail

soft4bro.com Do Kwon and his partner paid €800,000 bail and stayed in jail Founder of Terraform Labs Do Kwon and his ex-colleague Han Chang Joon have paid €800 thousand bail and remained…

Fahrenheit to take over failed crypto outfit Celsius

theregister.com New Jersey-based cryptocurrency lender Celsius Network has announced it will be bought by a consortium called Fahrenheit. Celsius filed for bankruptcy in July 2022 – a month…

First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers' Make Progress in Debt Limit Negotiations

coindesk.com They kept bitcoin hovering between $26,400 and $26,500 for large swathes of Thursday, a little above where it spent the previous day but below the tight range it held for…

Sam Altman’s crypto project Worldcoin got more coin in latest $115M raise

techcrunch.com Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. Got coin? No? Well, Worldcoin did. Tools for Humanity, the team…

Arrington Capital-backed group to acquire Celsius assets

techcrunch.com Following a bankruptcy process, the assets of the failed crypto lender Celsius Network are about to be acquired by a consortium called Fahrenheit. Behind this name, you will…

Do Kwon jail stay extended despite already posting huge bail

protos.com 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…

High Court Denies Bail for Do Kwon Due to Lack of Concrete Evidence

coinspeaker.com Coinspeaker High Court Denies Bail for Do Kwon Due to Lack of Concrete Evidence The value of Kwon’s property was based on a statement alone, lacking concrete evidence. As a…

First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

Montenegro Court Revokes Bail for Do Kwon in Fake Passport Case

cryptodaily.co.uk A high court in Montenegro overturned a decision to grant bail to disgraced Terraform Labs co-founder Do Kwon as he faces charges of attempting to travel with falsified…

Terra founder Do kwon will remain in detention in Montenegro as he faces charges of falsifying official documents after a bail proposal was approved and later…

coindesk.com Terraform Labs co-founder Do Kwon will remain in detention while he faces charges of falsifying official documents in Montenegro after a request for bail was approved and…

Montenegro court overturns Terraform founder Do Kwon’s bail

techcrunch.com 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.…

Terraform CEO Do Kwon’s bail revoked in Montenegro

forkast.news The high court of Montenegro’s capital city Podgorica has revoked its decision to grant bail to Terraform Labs chief executive officer Kwon Do-hyeong and former chief…

High Court in Montenegro Overturns Decision to Grant Bail to Do Kwon

247wallst.com According to a report from Wednesday, May 24th, the high court in Podgorica, the capital of Montenegro, overturned the decision to release Do Kwon on bail. Do Kwon is sought…

The disgraced cofounder of failed crypto company Terraform Labs will remain in jail after his bail was reportedly revoked in Montenegro

businessinsider.com Do Kwon's bail was revoked by a Montenegrin court, per Bloomberg. STRINGER/Getty Images Contributor Do Kwon is back in custody after his bail was revoked by a Montenegrin…

Do Kwon’s Bail Revoked; Terra Execs to Stay in Jail in Montenegro: Bloomberg

cryptobriefing.com 12 days ago, Do Kwon and Han Chang-joon’s bail was accepted. Now, it has been revoked by the higher courts of Montenegro. A high court in Montenegro annulled the lower…

Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom

bitcoin.com A Montenegrin high court judge has reportedly invalidated the bail application of Do Kwon, the co-founder of Terraform Labs. Kwon was detained for providing false…

Do Kwon’s Bail Revoked in Montenegro High Court

beincrypto.com The disgraced founder of Terraform Labs, Do Kwon, faces yet another setback in his bid for freedom. Kwon and his former CFO, Han Chong-joon, face an array of charges. From…

Do Kwon's bail revoked by Montenegro court: Bloomberg

theblock.co Terraform Labs co-founder Do Kwon’s bail was revoked in Montenegro, Bloomberg reported. A high court in Montenegro annulled a lower court’s decision to allow Kwon to be…

Terra Founder Do Kwon Back in Jail in Montenegro, Bail Revoked

decrypt.co Terraform Labs co-founder Do Kwon has had his bail revoked in Montenegro, according to a report from Bloomberg. The high court of Montenegro in Podgorica overturned a…

Montenegro High Court Says No Bail for Terra's Do Kwon in Fake Passport Case: Bloomberg

coindesk.com A Montenegro high court has annulled a decision by a lower court to release Terraform Labs co-founder Do Kwon on bail as he faces charges of attempting to travel with…

Crypto Giant Do Kwon’s Legal Woes Continue, Bail Revoked In Montenegro

bitcoinist.com A Montenegrin court has allegedly overturned a lower court’s decision to release former crypto mogul and Terraform Labs co-founder Do Kwon on bail. The high court in…

Montenegrin court revokes Do Kwon’s bail

cryptoslate.com 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…

Terra's Do Kwon Bail Status Overturned in Montenegro

u.today 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…

Terra creator Do Kwon to stay behind bars until trial after Montenegro court scraps bail request

fortune.com Terraform Labs CEO Do Kwon’s request to stay out of jail until his trial for allegedly using a forged passport was denied on Wednesday by a court in Montenegro. A lower…