According to Bloomberg, Terra co-founder Do Kwon will be released on €400,000 bail with the company's chief financial officer, Han Chong-Joon, at a time when Montenegro's Supreme Court is considering extradition requests from the United States and South Korea. His extradition to any country is only possible after further consideration by the court, and according to the Montenegrin authorities, Do Kwon's release from prison will result in a state of "house arrest" during the postponement of the extradition. After this news, LUNA also rose above 1 USDT.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
According to Bloomberg, Terra co-founder Do Kwon will be released on €400,000 bail with the company's chief financial officer, Han Chong-Joon, at a time when Montenegro's Supreme Court is considering extradition requests from the United States and South Korea. His extradition to any country is only possible after further consideration by the court, and according to the Montenegrin authorities, Do Kwon's release from prison will result in a state of "house arrest" during the postponement of the extradition. After this news, LUNA also rose above 1 USDT.