Montenegro Court Agrees To Release Terraform’s Kwon and CFO on Bail
A court in Montenegro accepted bail to release Terraform Labs co-founder Do Kwon and former chief financial officer Han Chang-joon from jail on Friday after allegedly using false documents. The Basic Court Podgorica said...
The Basic Court Podgorica said the two would not be allowed to leave their homes in accepting the 400,000 euros in bail for each of them.
Kwon had been on the run for months after the demise of Terra, which was behind the algorithmic stablecoin TerraUSD that fell into a tailspin last year. ...
Read More: Montenegro Court Agrees To Release Terraform’s Kwon and CFO on Bail
Original source
Read on CryptonewsRelated market context
Brazilian court denies release of ‘Bitcoin Pharaoh’ wife Mirelis Yoseline Diaz Zerpa
The court's decision underscores the ongoing global crackdown on crypto fraud, highlighting the challenges in regulating digital c...
ONDO Finance hires former Invesco ETF chief to expand onchain products
The influx of traditional finance experts into crypto signals a shift towards mainstream acceptance, potentially reshaping regulat...
Garlinghouse of Ripple Agrees Wall Street Is Copying XRP’s Banker Coin Model
Ripple CEO Brad Garlinghouse posted a single word, “True,” in response to Flare co-founder Hugo Philion’s observation that the ent...
Ondo Finance hires former Invesco ETF chief to build onchain investment products
John Hoffman will spearhead Ondo's expansion from tokenizing individual assets to full investment portfolios and strategies.
Kalshi co-founder Luana Lopes Lara becomes self-made billionaire
Kalshi's rise highlights the growing institutional interest in regulated prediction markets, potentially reshaping financial tradi...
Anthropic’s dramatic model release strategy raises censorship risks, the shift to proprietary AI models is accelerating, and Chinese open source solutions are outperforming US counterparts | All-In Podcast
Chinese open source AI models surpass American counterparts, challenging global competitiveness and raising governance concerns. T...