Solana

Monero

Gora

Coin

<div class="insidebitcoins">
 Montenegrin authorities have sent former Terraform Labs CEO Do Kwon to a “reception center” for foreigners following the end of his prison term on Mar. 23 as he awaits a decision on his extradition. 
 Kwon will remain at the facility until the local court reaches a decision regarding his extradition, according to a report by Montenegro’s Vijesti news outlet. His passport was confiscated last week, the newspaper added. 
 Prior to moving camp, the former Terraform Labs CEO was interrogated for five hours by a local inspector, it added 
 Kwon’s local legal representative, Goran Rodić, said that the treatment of Kwon was illegal and that a complaint will be filed. 
 <img decoding="async" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E" alt="Montenegro Orders Do Kwon Extradition To South Korea - Details" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/26/6d8559d7b0dc1642f0634142a94d1963.webp">
 <noscript>
 <img decoding="async" src="https://cdn.thebittimes.com/images/2024/03/26/6d8559d7b0dc1642f0634142a94d1963.webp" alt="Montenegro Orders Do Kwon Extradition To South Korea - Details">
 </noscript> 
 <h2 id="span-style-font-weight-400-us-officials-wait-for-do-kwon-span">US Officials Wait For Do Kwon</h2> 
 A Montenegrin court sentenced Kwon to four months in prison after he was arrested for using a forged passport when trying to board a flight bound for Dubai. 
 Both South Korean and US authorities have actively pursued his extradition following his arrest, with Kwon expressing a preference for the former. 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Država Crna Gora je danas postupila po zamolnici Južne Koreje, i po odluci Ministarstva pravde predala Haan Chang Joon-a nadležnim organima njegove matične države. pic.twitter.com/OvQ1qNyxr1 
 — Ministarstvo pravde Crne Gore (@PravdaCG) February 5, 2024
 </blockquote> 
 
 The US Attorney’s Office has charged the co-founder with eight criminal charges. A civil case has also been opened against Kwon and Terraform by the US Securities and Exchange Commission (SEC). The date for this trial is set at Mar. 25. 
 Local prosecutors objected to last week’s decision to extradite Kwon to South Korea. They said the court had overstepped its authority by carrying out an “abbreviated” legal procedure, leading to the decision being delayed. 
 The Terraform Labs co-founder was initially supposed to be extradited to the US, but that decision was revoked on appeal. 
 <h2 id="span-style-font-weight-400-terraform-labs-files-for-chapter-11-bankruptcy-ahead-of-legal-proceedings-span">Terraform Labs Files For Chapter 11 Bankruptcy Ahead Of Legal Proceedings</h2> 
 Terraform Labs filed for Chapter 11 bankruptcy protection in Delaware on Jan. 21. It is estimated that the company had between $100 million and $500 million in both assets and liabilities. 
 The company aims to clear debts owed to vendors and employees without needing additional financing. This bankruptcy filing will also help Terraform Labs navigate ongoing legal proceedings in both the US and Singapore. 
 <h3 id="span-style-font-weight-400-related-articles-span">Related Articles:</h3> 
 <ul> 
 <li style="font-weight: 400;">Best Crypto to Buy Now (2024): Top Picks for Explosive Growth!</li> 
 <li style="font-weight: 400;">Solana Meme Coin Pundu Raises $37m As Dogecoin20 Rockets Past $7.9m</li> 
 <li style="font-weight: 400;">Monero Price Prediction: XMR Is Biggest Loser With 2% Tumble As Analysts Ask If It’s Too Late To Buy This Solana Meme Coin After Parabolic Monthly Gain</li> 
 </ul> 
 Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/do-kwon-sent-to-foreigner-facility-in-montenegro-as-he-awaits-extradition-decision-tbt83500.html">https://thebittimes.com/do-kwon-sent-to-foreigner-facility-in-montenegro-as-he-awaits-extradition-decision-tbt83500.html</a>
</div>

Do Kwon Sent To Foreigner Facility In Montenegro As He Awaits Extradition Decision

Inhaltsverzeichnis

TheBitTimes

Weitere Artikel, die am 25. März 2024 veröffentlicht wurden

NEAR and THORChain Investors’ Excitement Shortened by Bearish Sentiments and Milei Moneda Goes up...

Polygon’s Market Resurgence Faces Investor Hesitancy

BTC Machine & Buoyant Capital Join To Launch The Gamestone Airdrop For Runestone NFT Holders

Bitcoin Exchange Supply Slumps With Coinbase’s 58,000 BTC Outflow

News Flash: Dogecoin (DOGE) and Shiba Inu (SHIB) Investors Bark at New 1000x Tokens Explosive Growth

Bitcoin Price Aims Key Upside Break As Dips Turn Attractive

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!