Claim BonusBreaking: Montenegro Charges Terra’s Do Kwon, Extradition Delayed Further
Montenegro’s prosecutors indicted Terra co-founder Do Kwon and chief financial officer Han Chang-joon for forging documents. Both Do Kwon and Han Chang-joon were arrested on March 23 by Montenegrin authorities while trying to board a flight to Dubai with fake passports and documents.
The Basic State Prosecutor’s Office filed an indictment against Do Kwon and Han Chang-joon for the criminal offense of document forgery. Prosecutors also proposed to further extend the detention period for both accused, reported local news agency Vijesti on April 20.
Montenegrin lawyer representing Do Kwon and Han Chang-joon earlier filed an appeal against the court’s decision to extend the detention to 30 days. However, the court dismissed the appeal citing the importance of the case. A further extension of the detention period will cause the extradition proceedings to be delayed further. The extradition process will begin only after the Montenegro court judicial process related to passport forgery is completed.
On March 29, Montenegro’s Minister of Justice Marko Kovac stated the extradition decision will be taken in a separate court proceeding after the passport forgery case. Moreover, extradition depends on several factors, including the severity of crimes, location of committed offenses, sequence of requests, and nationality.
Meanwhile, South Korean prosecutors also tried getting an arrest warrant against co-founder Daniel Shin for the second time. However, the court rejected prosecutors’ request for an arrest warrant, citing no risk of flight or destroying evidence.
Also Read: Binance CEO “CZ” Downplays Post-Halving Bitcoin Price Prediction By ChatGPT
Terra (LUNA) and Terra Classic (LUNC) Price Fall After Do Kwon Is Indicted
Terra (LUNA) price fell 1% in the last 24 hours, with the price currently trading at $1.31. The 24-hour low and high are $1.26 and $1.34, respectively.
Meanwhile, Terra Classic (LUNC) price fell over 2% in the last 24 hours to $0.000117, breaking the key support level of $0.00012. The 24-hour low and high are $0.000114 and $0.000120, respectively.
Also Read: Tornado Cash Developer To Be Released, TORN Price Skyrockets 20%
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- XRP Realized Losses Spike to Highest Level Since 2022, Will Price Rally Again?
- Crypto Market Rises as U.S. and Iran Reach Key Agreement On Nuclear Talks
- Trump Tariffs: U.S. Raises Global Tariff Rate To 15% Following Supreme Court Ruling
- Bitwise CIO Names BTC, ETH, SOL, and LINK as ‘Mount Rushmore’ of Crypto Amid Market Weakness
- Prediction Market News: Kalshi Faces New Lawsuit Amid State Regulatory Crackdown
- Pi Network Price Prediction: How High Can Pi Coin Go?
- Dogecoin Price Prediction Feb 2026: Will DOGE Break $0.20 This month?
- XRP Price Prediction As SBI Introduces Tokenized Bonds With Crypto Rewards
- Ethereum Price Rises After SCOTUS Ruling: Here’s Why a Drop to $1,500 is Possible
- Will Pi Network Price See a Surge After the Mainnet Launch Anniversary?
- Bitcoin and XRP Price Prediction As White House Sets March 1st Deadline to Advance Clarity Act
