Terra Co-Grënner Do Kwon Pläng fir Haftverlängerung no der Verhaftung am Montenegro ze appelléieren

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents.

Report Says Kwon’s Legal Representation Aims to Appeal 30-Day Detention Extension

Three days ago, Montenegro’s Interior Minister Filip Adzic announced on Twitter that Do Kwon, the co-founder and CEO of Terraform Labs, was arrested on Thursday for presenting forged identity documents. Kwon’s location was unknown for some time, with speculation that he was hiding in Singapore or possibly Dubai.

The Montenegrin police stated that Kwon’s fraudulent documents originated from Costa Rica and Belgium. According to the Montenegrin newspaper Neiegkeeten an lokal Medien, Kwon’s legal team is seeking to appeal his 30-day detention extension. Kwon is facing several legal challenges abroad, including an investigation in South Korea and multiple lawsuits in the United States.

The report notes that detention for Kwon’s offense is typically limited to 72 hours, but the court granted the extension due to Kwon’s status as a flight risk. Montenegrin prosecutors have stated that Kwon and his companion’s identities have not been completely verified and that foreign prosecutors, such as those from South Korea, are seeking Kwon’s extradition. Two days ago, a South Korean spokesperson announced that their prosecutors are taking measures to “repatriate Kwon Do-hyung.” Kwon’s legal team and Vijesti reporters say that the appeal will be filed this week.

Tags an dëser Geschicht

Appeal, Arrest, belgium, Costa Rica, Court, detention, do kwon, Do Kwon appeal, Do Kwon’s appeal, Dubai, extradition, Filip Adzic, Flight Risk, foreign prosecutors, fraudulent documents, hidden identity, Identity Theft, Investigation, Lawsuits, legal battles, legal council, Montenegrin police, Montenegro, outcome, Podgorica airport, prosecution, repatriation, Singapore, South Korea, terraform labs, Verification, Vijesti reporters

What do you think will be the outcome of Do Kwon’s legal battles in Montenegro, South Korea, and the United States? Share your thoughts about this subject in the comments section below.

Vum Jamie Redman

Jamie Redman ass den News Lead bei Bitcoin.com News an e Finanztech-Journalist, deen a Florida wunnt. Redman ass en aktive Member vun der Krypto-Währungsgemeinschaft zënter 2011. Hien huet eng Passioun fir Bitcoin, Open-Source Code an dezentraliséierter Uwendungen. Zënter September 2015 huet Redman méi wéi 6,000 Artikele fir Bitcoin.com News geschriwwen iwwer déi disruptive Protokoller déi haut entstinn.