Do Kwon transferred crypto from prison after police failed to seize keys, report
Do Kwon has allegedly been able to make crypto payments from prison after authorities took 72 days to seize his crypto wallet login details.
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Do Kwon has allegedly been able to make crypto payments from prison after authorities took 72 days to seize his crypto wallet login details.
Read more (2 min) →Do Kwon's appeal against his four-month prison sentence has been rejected, with a Montenegro High Court branding it "unfounded."
Kwon's lawyers also say the idea of him providing a written testimony is “inconsistent with his right to due process."
Do Kwon and former Terra executive Han Chang-Joon will remain in custody for the time being, despite both paying the required $400k bail.
The SEC claims that Do Kwon and Terraform Labs lied about a South Korean application called Chai using Terra to process payments.
Multiple reports have placed Kwon in Serbia but the country's extradition laws and agreements could make getting him back to Korea tricky.
Do Kwon continues to elude South Korean authorities and has been spotted in Serbia. Here's a few activities the Terra founder might enjoy.
South Korean authorities have asked OKX and KuCoin to freeze 3,300 bitcoins after Kwon created a new wallet and started to transfer funds.
Terraform labs' Do Kwon says he's not on the run from authorities but a reported Interpol red notice suggests they may be looking for him.
South Korean authorities are seeking Terra founder Do Kwon's arrest. The Singapore resident may soon have his passport revoked.