03-26-2023 icon

Do Kwon to Allegedly Formally Request Modification of Tribunal’s Verdict to Lengthen Custody

By Lucy Adegbe
Do Kwon

Right after the apprehension in Montenegro while trying to flee the country with falsified papers, Terraform Labs co-owner Do Kwon will allegedly request that the tribunal modify the verdict to lengthen his detention period by a month.

A formal mediator of Kwon verified the request against the Montenegrin tribunal’s verdict to imprison the businessman for more than the expected timeframe, as reported by national news Vijesti. 

The conclusion was reached after Kwon was discovered utilizing falsified papers at Podgorica international airport while attempting to flee to Dubai.

Although the Montenegro officials usually give detention for up to three days, Kwon’s one month lengthened detention was agreed upon following jurists’ analysis of a high probability of an attempted flee.

The tribunal evaluated that Kwon is an immigrant and his identity is yet to be fully validated.

Following the fall of the Terra platform, Kwon is presumed to have juggling between Serbia, Singapore and Dubai, as analyzed by South Korean officials.

On the 23rd of March, barely hours into Kwon’s apprehension in Montenegro, the US jurists in the New York region accused the businessman of forgery.

According to a previous publication, the businessman was accused of eight distinct counts, inclusive of commodity scam, safety scam, and transfer scam. Kwom was also charged with an alleged plot to scam and involve in digital currency market alteration.