Appeal Against Terraform Labs Co-Founder Do Kwon’s Bail Terms Dismissed in Montenegro

The Podgorica district court in Montenegro has dismissed an appeal by the State Prosecutor’s office against the bail of Do Kwon

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LUNC: Week-long uptick fizzles out – what’s going on?

LUNC witnessed the liquidation of over $300,000 in open long positions. However, the token’s strength in maintaining its current momentum is something to watch out for.

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Montenegro Court Delivers Shocking Twist In Terra Founder Do Kwon’s Forgery Case

Terra (CRYPTO: LUNA) founder Do Kwon’s bail request has been approved by the Montenegro court, following the annulment of a previous approval by a higher court. Kwon, along with former Terra executive Han Chang-joon, was arrested in Montenegro in March for allegedly attempting to travel with forged documents.

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Do Kwon’s Release on Bail a Second Time Prompts Wild Speculation

Do Kwon has reportedly won release again, with bail set at 400,000 euros. A Montenegrin court granted him bail until his next hearing on June 16.

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Do Kwon out on bail under house arrest after successful appeal

Terra LUNA co-founder Do Kwon successfully appealed against the prosecution’s request to keep him in custody, and is out on bail as of June 5. The Podriga Basic court overseeing the case granted the bail request and accepted the initial amount of $400,000.

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Luna Classic (LUNC) Unexpectedly Spikes, But Then Loses 14%

In a surprising twist, Luna Classic (LUNC), the original token of the Terra ecosystem, experienced an unexpected price spike recently, a rare occurrence considering the token’s sustained downtrend since September 2022. However, the joy was short-lived as it quickly gave up its gains and fell by 14%.

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