Terra co-founder Do Kwon could potentially be rereleased on bail again following a court ruling in Montenegro. According to an official release from the Basic Court, Podgorica, an appeal against an earlier bail agreement by the State Prosecutor’s Office was cast aside, allowing...
A Montenegrin high court has revoked bail for Terraform Labs co-founder Do Kwon and the former chief financial officer. The court overturned an earlier decision, Marija Rakovic, a court spokeswoman, confirmed to DL News this afternoon. An appeal against bail Terraform Labs co-founders...
The crypto space witnessed an eventful week with several key developments. Authorities in Montenegro agreed to release Kwon Do-Hyung, founder of the failed Terra ecosystem, on bail despite the US and South Korea calling for his extradition. Meanwhile, institutional adoption of cryptocurrencies saw...
Terraform Labs founder Do Kwon and his former chief financial officer Han Chong-Joon have been granted bail by a court in Montenegro. According to media reports, the court decided to release Kwon and Han to house arrest under police supervision on bail of €400,000...
New York State has proposed new legislation that would authorize fiat-collateralized stablecoins as a means of bail payment. The bill, known as New York Assembly Bill 7024, introduced on May 10, would add stablecoins to the list of approved methods of paying bail...
FTX founder, Sam Bankman-Fried, has agreed to new bail conditions with US prosecutors that will limit his access to technology, according to court documents filed on March 28. The proposed conditions were submitted for approval to District Judge Lewis Kaplan of the Southern...