Terrafounder Do Kwon Seeks to Fight 30-Day Detention Extension Following Airport Arrest – Bitcoin News


Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the court-ordered detention extension which came about after his arrest at Podgorica Airport in Montenegro. Kwon was apprehended on March 23, 2023 whilst travelling with false identification.

Kwon’s Legal Team Aim to Reverse 30-Day Detention Extension

Three days ago, Montenegro’s 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 had been missing for some time, with speculation that he was in Singapore or possibly Dubai.

The Montenegrin authorities stated that Kwon’s fraudulent papers originated from Costa Rica and Belgium. According to the Montenegrin newspaper Vijesti and local media, Kwon’s legal representation is taking steps to overturn his 30-day detention extension. Kwon is facing a host of legal issues elsewhere, including an inquiry in South Korea and multiple lawsuits in America.

The report states that detention for Kwon’s offense is usually limited to 72 hours, but the court granted the extension due to Kwon’s flight risk. Montenegrin prosecutors have stated that Kwon and his comrade’s identities have not been completely verified and that foreign prosecutors, for instance those from South Korea, are seeking Kwon’s extradition. Two days ago, a South Korean spokesperson declared that their prosecutors are taking measures to “repatriate Kwon Do-hyung.” Kwon’s lawyers and Vijesti reporters say that the appeal will be lodged this week.

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Appeal, Arrest, Belgiu, Costa Rica, Court, Detention, Do Kwon, Do Kwon appeal, Do Kwon’s appeal, Dubai, Extradition, Filip Adzic, Flight Risk, Foreign Prosecutors, Fraudulent Documents, Hidden Identity, Identity Theft, Investigation, Lawsuits, Legal Battles, Legal Council, Montenegrin Police, Montenegro, Outcome, Podgorica Airport, Prosecution, Repatriation, Singapore, South Korea, Terraform Labs, Verification, Vijesti Reporters

What do you think will be the outcome of Do Kwon’s legal battles in Montenegro, South Korea, and the United States? Share your thoughts about this subject in the comments section below.

Jamie Redman

Jamie 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.

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