Montenegro | ForkLog

ForkLog 15 31.12.2024

Montenegro Extradites Do Kwon to the United States

On December 31, Montenegro completed the extradition of Terra founder Do Kwon to the United States. This was announced by the country’s Prime Minister, Milojko Spajić. Today Montenegro completed the extradition of Do Kwon to the United States to face charges in the Terra/Luna case.Our nation WELCOMES INNOVATION and legitimate crypto, AI and other tech […]

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ForkLog 12 27.12.2024

Montenegro Approves Do Kwon’s Extradition to the US

Montenegro’s Minister of Justice, Bojan Božović, has approved the extradition of Terra’s founder, Do Kwon, to the United States, according to local publication Vijesti. The authorities evaluated extradition requests from both the US and South Korea based on several criteria, including the severity and location of the crime, the procedure for submitting official documents, and […]

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ForkLog 7 25.12.2024

Montenegro Court Rejects Do Kwon’s Extradition Appeal

On December 25, a Montenegrin court dismissed the appeal by Terra founder Do Kwon to cancel his extradition. The decision to hand over the entrepreneur to authorities in the US or South Korea was delegated to the country’s Minister of Justice, Bojan Božović. The entrepreneur and his colleague, former CFO of Terraform Labs Han Chang-Joon, […]

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ForkLog 46 21.08.2024

Co-founder of Bitcoin Scheme FutureNet Arrested in Montenegro

Police in Podgorica, acting on requests from Poland and South Korea, have arrested Roman Ziemian, co-founder of the cryptocurrency scheme FutureNet, on suspicion of multimillion-dollar fraud. This was reported by local media. According to the investigation, in 2014, the 51-year-old Polish national, along with Stephan Morgenstern, established a fund engaged in cryptocurrency trading. The platform […]

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ForkLog 5 09.08.2024

Do Kwon’s Extradition from Montenegro Delayed Again

The anticipated extradition of former Terraform Labs (TFL) CEO Do Kwon from Montenegro to South Korea has been postponed. This occurred at the request of the Supreme Court, which granted the plea of Justice Minister Andrija Milović, reports Vijesti. Milović also serves as the country’s chief prosecutor. His department filed a motion for the protection […]

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ForkLog 21 02.08.2024

Do Kwon to be Extradited to South Korea

The Court of Appeals in Montenegro rejected the US request for the extradition of former Terraform Labs (TFL) CEO Do Kwon, deciding instead to send him to South Korea. This verdict by the Court of Appeals upholds the decision of the High Court of Podgorica, made at the end of June. In November 2023, the […]

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ForkLog 10 19.06.2024

Montenegro’s Prime Minister Linked to Early Investment in Terraform Labs

Montenegro’s Prime Minister Milojko Spajić was reportedly an early investor in the now-defunct Terraform Labs (TFL), according to local Vijesti, citing court documents. In April 2018, he invested $75,000 in the company to acquire 750,000 LUNA at $0.1 each, securing the politician the 16th spot on Do Kwon’s list of company investors. Media reports indicate […]

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ForkLog 11 05.04.2024

Montenegro’s Supreme Court Overturns Do Kwon’s Extradition

Montenegro’s Supreme Court overturned the lower courts’ decision to extradite Terraform Labs (TFL) co-founder Do Kwon. In early March, the High Court of Podgorica approved the extradition of the entrepreneur to South Korean authorities. However, the prosecution objected, citing procedural violations. “In this specific case, the first-instance court could not make a decision in an […]

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ForkLog 13 23.03.2024

Montenegro to Release Do Kwon Amid Extradition Deliberations

The High Court of Podgorica has decided to release Do Kwon, co-founder of Terraform Labs (TFL), according to local publication Vijesti. Darko Vukcevic, the prison warden in Spuž, informed Bloomberg that Kwon will be released on March 23 following the completion of his sentence for attempting to cross the border with forged documents. Goran Radic, […]

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ForkLog 10 21.03.2024

Montenegro Confirms Extradition of Do Kwon to South Korea

Do Kwon, co-founder of Terraform Labs (TFL), is set to be extradited to South Korea. The final decision was made by the Montenegrin Court of Appeals, reports Radio Free Europe. In early March, the High Court of Podgorica approved the entrepreneur’s extradition to the Korean authorities. March 22, 2024 | 10:00Update: The Supreme State Prosecutor’s […]

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ForkLog 9 22.02.2024

Montenegro to Extradite Do Kwon to the United States

The High Court of Podgorica has decided to extradite Terraform Labs co-founder Do Kwon to the United States, according to Vijesti. The court rejected a similar request from South Korean authorities. The ruling is not legally binding, as Kwon’s lawyers have the right to appeal. “We have received the decision of the High Court of […]

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ForkLog 5 13.12.2023

Detention of Do Kwon Extended in Montenegro

The Montenegrin court kept Terraform Labs founder Do Kwon in prison until February 15, 2024, at the request of the United States.

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