Terra

Read

/send

<div class="protos">
 <div>
  <div>
   <div>
    <p>Terra founder <a rel="noopener noreferrer nofollow" title="Do Kwon" href="https://thebittimes.com/tag/do-kwon.html">Do Kwon</a> has lost his <a rel="noopener noreferrer nofollow" title="appeal" href="https://thebittimes.com/tag/appeal.html">appeal</a> against a four-month <a rel="noopener noreferrer nofollow" title="prison" href="https://thebittimes.com/tag/prison.html">prison</a> sentence with a Montenegro High Court rejecting his claims and describing them as “unfounded.”</p>
    <p>In a statement issued today, the Podgorica Higher Court rejected Kwon’s appeal against a lower court judgment. It said that the Podgorica Basic Court had “correctly and completely established the factual situation,” “correctly applied the Criminal Code of Montenegro,” and “determined and evaluated all the circumstances that influence the choice of criminal sanction and its amount.”</p>
    <p><a rel="noopener noreferrer nofollow" title="Do Kwon" href="https://thebittimes.com/tag/do-kwon.html">Do Kwon</a> had attempted to <a rel="noopener noreferrer nofollow" title="appeal" href="https://thebittimes.com/tag/appeal.html">appeal</a> a <a rel="noopener noreferrer nofollow" title="prison" href="https://thebittimes.com/tag/prison.html">prison</a> sentence after he and Terra executive Han Chang-Joon were found guilty of falsifying documents. The pair have remained in custody in Montenegro since their arrest in March and are <strong>awaiting extradition to either the US or South Korea</strong>.</p>
    <figure class="wp-block-embed is-type-wp-embed is-provider-protos wp-block-embed-protos">
     <div class="wp-block-embed__wrapper">
      <blockquote class="wp-embedded-content" data-secret="OLTbOSMMJv">
       Will arrested Terra founder Do Kwon be extradited to the US or South Korea?
      </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" style="position: absolute; clip: rect(1px, 1px, 1px, 1px);" title="“Will arrested Terra founder Do Kwon be extradited to the US or South Korea?” — Protos" src="https://protos.com/will-arrested-terra-founder-do-kwon-be-extradited-to-the-us-or-south-korea/embed/#?secret=XuNJ5UmoyG#?secret=OLTbOSMMJv" data-secret="OLTbOSMMJv" width="500" height="282" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
     </div>
    </figure>
    <p><em>Read more: South Korea lead prosecutor says Do Kwon likely to spend most of life in prison</em></p>
    <p>Do Kwon has previously fought attempts from the US Securities and Exchange Commission (SEC) to extradite him. In contrast, the SEC has requested that Do Kwon should forgo a jury if he is ever tried, as the SEC argues his alleged fraud and sale of securities is “<strong>clear, undisputed, and overwhelming</strong>.”</p>
    <p><em>Got a tip? Send us an email or ProtonMail. For more informed news, follow us on&nbsp;X,&nbsp;</em><em>Instagram</em><em>,&nbsp;</em><em>Bluesky</em><em>, and&nbsp;</em><em>Google News</em><em>, or subscribe to our&nbsp;</em><em>YouTube</em><em>&nbsp;channel.</em></p>
   </div>
  </div>
 </div>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/it-s-a-no-from-montenegro-in-do-kwon-prison-appeal-tbt70566.html">https://thebittimes.com/it-s-a-no-from-montenegro-in-do-kwon-prison-appeal-tbt70566.html</a></p>

It’s a no from Montenegro in Do Kwon prison appeal

TheBitTimes

Other articles published on Nov 16, 2023

JPM Coin’s new feature props Solana, Cardano, and Everlodge prices

Magic’s Guide Unravels the Complexities of Selecting Wallet-as-a-Service Providers

Why QUBIC’s 10,000% Explosion Outperformed Even Solana’s Meteoric Rise

Binance vs. SEC: Court Rejects Joint request for a Protective Order

Origin Protocol presents at Caracas Blockchain Week, showcases advancements in blockchain

Tether Signal That Last Preceded 50% Rally For Bitcoin Is Back

Join our free newsletter for daily crypto updates!