Current Date:April 6, 2025

Jail Shock for Terra Luna Founder Do Kwon!

Caught in Montenegro in the past months Terra (Luna)founder Do Kwon The local court gave its decision. According to the official statement made by the authorities on the internet, the crypto phenomenon received a 4-month prison sentence. The Montenegrin court dismissed Kwon throughout the process. cryptocurrency not held responsible for matters related to it. The well-known name of the crypto money world was sentenced to this punishment for using fake passports.

Speaking at the hearing last Friday, Kwon argued that he did not know that his Costa Rican passport was fake. Terraform founder “If I had known about this situation, I would not have traveled between countries.”said.

Terra founder Do Kwon

At the recommendation of a friend, I filled out the official documents in Singapore. After the process, I traveled almost the whole world with my Costa Rican passport.

The only passport in the possession of the famous phenomenon is not limited to Costa Rica. Do Kwon also holds a Belgian passport.

Will Do Kwon Be Returned?

The Terra (LUNA) ecosystem collapsed in May of 2022. After the negative developments, the dollar indexed TOPstablecoin and LUNA the price went to the bottom of the ground. Aggrieved investors filed criminal complaints against Do Kwon in their country of residence. Kwon, who has been missing for about a year, betrayed himself in Montenegro last March.

After the arrest of the Terra founder, the two major countries competed with each other for extradition. South Korea and the United States, of which Kwon is a citizen, are asking Montenegrin authorities to extradite the crypto phenomenon.

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