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Swiss police freeze millions of Do Kwon, TFL assets at request of SEC

The frozen assets were held in digital asset bank Sygnum and belonged to Kwon and other Terraform Labs executives.

Terra founder Do Kwon claims to have funded top Montenegro political party

Europe Now, projected to win Montenegro’s upcoming elections, has been tarnished with claims that Do Kwon financed the political party.

Do Kwon and former Terra executive Han Chang-Joon will remain in custody for the time being, despite both paying the required $400k bail.

Terra founder Do Kwon sent top law firm Kim & Chang $3 million that authorities hope to seize and use against him in their fraud case.

According to a criminal defense lawyer in Montenegro, Terra founder Do Kwon will await trial in a small cell with 10 others — and no bed.