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The Latest Breaking News from Do Kwon

Do Kwon's Montenegro Detention Extended Until February 2024 Amid US, South Korea's Extradition Requests

The decision was made after the U.S. and South Korea made extradition requests to prosecute the crypto entrepreneur on charges related to the collapse of the TerraUSD stablecoin.

International Business Times

Montenegro's Extradition Plan Might Not Bode Well For Do Kwon's Legal Odyssey

During closed-door discussions, Montenegro's Justice Minister Andrej Milovic reportedly mentioned his plans to extradite Do Kwon to the U.S., where is facing multiple criminal charges.

International Business Times

Montenegro Court Of Appeal To Review Decision On Do Kwon's Extradition

Late last month, the Montenegrin High Court announced that it has "approved the extradition" of Kwon as requested by his home country South Korea and the U.S.

International Business Times

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SEC Got Help From Whistleblowers To Build Fraud Case Against Do Kwon And Terraform Labs: Lawyers

During a hearing at a Manhattan court last Thursday, lawyers for Kwon said that unnamed whistleblowers, one of them from Jump Trading Group, had helped federal regulators in building their fraud case against the Terra co-founder.

International Business Times

Do Kwon Suffers Another Major Legal Defeat Amid Imminent Extradition From Montenegro

Aside from charges in the U.S. and in his home country, Kwon could be facing another class-action lawsuit in Singapore.

International Business Times

Terra Classic Soars 25% While Bitcoin, Ethereum Take A Backseat Amid Do Kwon’s Growing Legal Woes

Amidst the legal turmoil surrounding Terraform Labs and its founders, the cryptocurrency they created, Terra Classic (CRYPTO: LUNC) is blazing past Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH)

Zenger

With Sam Bankman-Fried in the slammer, now the fugitive crypto 'Lunatic' behind 2022's $40B crash is being extradited from his Montenegrin getaway

The question is whether he goes to South Korea or the US.

PC Gamer

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Quo Vadis, Do Kwon? Montenegro Green-Lights TFL CEO's Extradition

Do Kwon must serve his sentence in Montenegro before the extradition takes place.

International Business Times

Do Kwon denied appeal in Montenegro as possible extradition to South Korea or U.S. looms

The disgraced former CEO of Terraform Labs was caught trying to use a fake passport to flee Montenegro in May.

Fortune

'A vision for how we can salvage this': Terraform Labs interim CEO says a new stablecoin isn't part of the plan to clean up Do Kwon's mess

The company infamously created a failed algorithmic stablecoin that destroyed tens of billions of dollars in value.

Fortune

South Korean ‘cryptocrash king’ Do Kwon jailed for forged passports

Police in Montenegro arrested Kwon in March when he was attempting to travel to Dubai

Evening Standard

Terra's Do Kwon sentenced to 4 months in a Balkan prison for document forgery

Do Kwon is also awaiting Montenegro's decision on whether to extradite him to the U.S. or South Korea.

Fortune

Do Kwon to be taken into extradition custody as Montenegro considers South Korea's request

Both South Korea and the U.S. have requested to extradite the disgraced crypto founder.

Fortune

Narrow lead for pro-Europe party in Montenegro parliamentary polls

PODGORICA (MONTENEGRO) - Montenegro's new pro-European party held a slim lead in parliamentary elections on Sunday, according to results from a leading pollster, likely spurring days of coalition building before a government forms.

Bangkok Post

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Fortune

The surprise wildcard in tiny Montenegro’s election: a notorious crypto fugitive

Ponzi schemer Do Kwon, who is in prison over the collapse of the Terra stablecoin, could shape Sunday's election. Here's why.

The Independent UK

Montenegro holds snap parliamentary vote that could determine its EU path

Montenegro votes in an early parliamentary election which is seen as a test of whether the small NATO-member Balkan country can overcome deep internal political divisions and instability that have hampered its European Union membership path

Fortune

Higher court in Montenegro overturns bail request for Terra's Do Kwon

Kwon and his firm's former CFO each had been granted a bail of 400,000 euros by a lower court.

Fortune

Jump's sleazy Terra deal is another black eye for crypto

A secret deal between the creator of the failed stablecoin Terra and a prominent trading firm is a bad look for the industry.

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Fortune

Terra cofounder Do Kwon pays six-figure bail in Montenegro as South Korean and U.S. prosecutors seek extradition

Kwon was arrested in Montenegro for allegedly using a fake passport while trying to fly to Dubai.

Reuters

Montenegro court releases crypto entrepreneur Do Kwon on bail

A court in Montenegro agreed on Friday to release Do Kwon, a cryptocurrency entrepreneur charged in the U.S. with a multibillion-dollar fraud, on bail of 400,000 euros ($440,320), pending a trial on local charges.

Fortune

Disgraced Terra cofounder Do Kwon pleads not guilty after he's arrested in Montenegro holding 3 different passports

Montenegrin authorities stopped him at the airport in March with Costa Rican and Belgian travel documents.

Bangkok Post

S Korea indicts Terraform Labs co-founder, 9 others

SEOUL: South Korea indicted Terraform Labs co-founder Daniel Shin along with nine others on multiple charges including violations of capital markets law.

Fortune

Terra cofounder Daniel Shin charged with fraud in South Korea as former CEO Do Kwon still detained in Montenegro

Shin’s cofounder, Do Kwon, was arrested last month after he was stopped at an airport with bogus documents.

Bangkok Post

US and Korea seek extradition of crypto fugitive

PODGORICA, Montenegro: The United States and South Korea have sought the extradition from Montenegro of fugitive cryptocurrency entrepreneur Do Kwon, the country's minister of justice said on Wednesday, just days after he was arrested in the Balkan nation.

The Independent UK

Montenegro: South Korea, US seek extradition of Do Kwon

Montenegro says both South Korea and the United States have formally requested extradition of Terraform Labs founder Do Kwon, who is wanted in connection with a $40 billion crash of the firm’s cryptocurrency that devastated retail investors around the world

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