Do Kwon Pleads Not Guilty To Allegations of Using Fake Passport
Do Kwon Denies Charges Kwon had been on the run for a number of months after the failure of his Terra USD stablecoin, which was more commonly known as UST, in May of last year. The Terra debacle sparked a criminal investigation as it wiped out almost $45 billion from the crypto market and led to a chain reaction that forced some businesses to either shut down or file for bankruptcy. advertisement Read More: Binance CEO CZ Hints At Ethereum Price Rally Over This Key Factor Branko Andjelic, their defense attorney, suggested releasing them on bond for 400,000 euros ($437,240) apiece, but prosecutor Haris Sabotic vehemently opposed it, claiming that the two have abundant financial resources but have no desire to remain in Montenegro. In addition to at least one passport issued by their home country of South Korea, the two individuals were caught carrying travel documents from Belgium and Costa Rica, according to the officials there. According to reports...