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Terra Luna Classic bouncing as Do Kwon is released on bail. LUNC getting a price increase off technical support.

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Terraform Labs co-founder Do Kwon will stay in detention while he faces charges of falsifying official documents in Montenegro. This comes after a request for bail was approved and later revoked. Austin Campbell, Columbia Business School Adjunct Professor and former Paxos Head of Portfolio Management, discusses his take on the latest developments around the Terra ecosystem and the outlook for stablecoin regulation.

‘테라’ 권도형, 몬테네그로서 기소돼 공문서위조 혐의

Latest on Terraform Labs co-founder Do Kwon.
The 31-year-old crypto fugitive was indicted by prosecutors in Montenegro over document forgery on Thursday.
Also charged with documentary forgery is the company’s chief financial officer Han Chang-joon, who was also arrested last month after being caught trying to board a flight to Dubai, alongside Kwon with fake passports and documents.
Prosecutors have also proposed further extending the detention period for both Kwon and Han.
An extension would further delay extradition proceedings.
Montenegrin authorities have already stressed that the extradition process will only start after the document forgery case is finished.

#Do_Kwon #Montenegro #document_forgery #Terraform_Labs #cryptocurrency #가상화폐 #테라 #권도형 #몬테네그로 #Arirang_News #아리랑뉴스

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2023-04-21, 09:00 (KST)