{"id":19153,"date":"2023-03-26T21:56:42","date_gmt":"2023-03-26T21:56:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/terra-co-founder-do-kwon-plans-to-appeal-detention-extension-after-arrest-in-montenegro-bitcoin-news\/"},"modified":"2023-03-26T21:56:42","modified_gmt":"2023-03-26T21:56:42","slug":"terra-co-founder-do-kwon-plans-to-appeal-detention-extension-after-arrest-in-montenegro-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/terra-co-founder-do-kwon-plans-to-appeal-detention-extension-after-arrest-in-montenegro-bitcoin-news\/","title":{"rendered":"Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro \u2013 Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
\n<\/p>\n

\n
\n<\/header>\n
\n\n<\/div>\n

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.<\/strong><\/p>\n

Report Says Kwon\u2019s Legal Representation Aims to Appeal 30-Day Detention Extension<\/h2>\n

Three days ago, Montenegro\u2019s 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\u2019s location was unknown for some time, with speculation that he was hiding in Singapore or possibly Dubai.<\/p>\n

The Montenegrin police stated that Kwon\u2019s fraudulent documents originated from Costa Rica and Belgium. According to the Montenegrin newspaper Vijesti<\/span><\/a> and <\/span>local media<\/span><\/a>, Kwon\u2019s 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.<\/p>\n

The report notes that detention for Kwon\u2019s offense is typically limited to 72 hours, but the court granted the extension due to Kwon\u2019s status as a flight risk. Montenegrin prosecutors have stated that Kwon and his companion\u2019s identities have not been completely verified and that foreign prosecutors, such as those from South Korea, are seeking Kwon\u2019s extradition. Two days ago, a South Korean spokesperson announced<\/a> that their prosecutors are taking measures to \u201crepatriate Kwon Do-hyung.\u201d Kwon\u2019s legal team and Vijesti reporters say that the appeal will be filed this week.<\/p>\n

\n
\nTags in this story
\n<\/h6>\n
Appeal<\/a>, Arrest<\/a>, belgium<\/a>, Costa Rica<\/a>, Court<\/a>, detention<\/a>, do kwon<\/a>, Do Kwon appeal<\/a>, Do Kwon’s appeal<\/a>, Dubai<\/a>, extradition<\/a>, Filip Adzic<\/a>, Flight Risk<\/a>, foreign prosecutors<\/a>, fraudulent documents<\/a>, hidden identity<\/a>, Identity Theft<\/a>, Investigation<\/a>, Lawsuits<\/a>, legal battles<\/a>, legal council<\/a>, Montenegrin police<\/a>, Montenegro<\/a>, outcome<\/a>, Podgorica airport<\/a>, prosecution<\/a>, repatriation<\/a>, Singapore<\/a>, South Korea<\/a>, terraform labs<\/a>, Verification<\/a>, Vijesti reporters<\/a><\/div>\n<\/div>\n

What do you think will be the outcome of Do Kwon\u2019s legal battles in Montenegro, South Korea, and the United States? Share your thoughts about this subject in the comments section below.<\/strong><\/em><\/p>\n

\n
\n\n<\/div>\n
\n
\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

\n
\n
\n<\/a>
\n<\/span>\n<\/p>\n<\/div>\n<\/div>\n

Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

\n

Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

\n