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Do Kwon, founder of Terraform Labs, has been charged with the indictment. Kwon and CFO Han Chang-Joon were arrested on forgery charges in Montenegro.

Local prosecutors in Montenegro have indicted Terraform Labs co-founder Do Kwon for forging his travel documents. The indictment comes almost a month after Kwon was arrested while attempting to board a private jet to Dubai.

Prosecutors have sought to extend the detention period for Kwon along with his chief financial officer Han Chang-joon

Do Kwon, co-founder of Terra, faces 3-5 years imprisonment after being charged with using a fake passport to travel to Dubai.

The Terraform Labs co-founder was arrested while trying to leave Montenegro on a private jet last month.

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.

While Terraforms' Do Kwon and Han Chang-jun are facing charges in Montenegro, the other co-founder, Shin Hyun-seung, still walks free in South Korea.

Montenegro authorities have charged former Terraform Labs executives Do Kwon and Hong Chang-jun, according to a local news report.

U.S. District Court Judge Jed Rakoff denied Do Kwon's request to block the SEC from accessing documents related to Terraform Labs (TFL) and Luna Foundation Guard (LFG) on April 14, according to court filings.

Whether it was then or now, the only way forward for LUNC might be getting away from Do Kwon's shadow

Do Kwon is making news, but LUNA isn't. That tells us a lot about the crypto in question

Key Points: Serbian police have seized the luxury apartment in Belgrade where Terraform Labs CEO Do Kwon hid during a six-month manhunt worth $2.2 million.

Serbian authorities have confiscated a €2 million luxury apartment in Belgrade where Terraform Labs founder Do Kwon sought refuge during a six-month pursuit, according to Serbian prosecutor Branko Stamenkovic. Stamenkovic told DL News, “The police were on the ground to search the apartment and premises based on the order of the higher court in Belgrade at the proposal of the prosecution for a high-tech crime, and the apartment was temporarily confiscated based on the order of the prosecution.

The SEC could supposedly seek records of Luna Foundation Guard and Kwon's operations which are kept at the MAS.

Terra Luna Classic price shows a breakout pattern in lower timeframes as the price successfully held above the $0.00012 key support level. While the LUNC price is currently trading up 2% at $0.000126 in the last 24 hours, a move above $0.00013 is likely if the price breaks above the local support level at $0.000128.

News broke on 13 April 2023 that a US judge rejected a request by Do Kwon, founder and CEO of the Terra crypto company, to block the Securities and Exchange Commission's (SEC) access to documents related to the company's activities in Singapore.

Top crypto exchange Binance has announced it will be retiring existing deposit addresses, which include that of Terra Classic (LUNC).

Do Kwon's request to deny the SEC access to Terra documents was turned down by a U.S. judge as authorities close on the runaway founder who lost investors more than $40 billion.

The co-founder and CEO of Terraform Labs, Do Kwon, has lost approval from the US SEC for a proposed $7.6 million token sale settlement.

A judge rejected Do Kwon's request to block SEC access to documents related to Terraform Labs' activities in Singapore.

At a hearing on Friday, U.S. District Judge Jed Rakoff denied Do Kwon and Terraform's motion

A United States judge has denied a request by Terra co-founder Do Kwon to block SEC access to Singaporean documents.

During a recent court hearing, US District Judge Jed Rakoff denied Do Kwon and Terraform's request for an order forcing the Securities and Exchange Commission to withhold its request for documents that are currently in the possession of the Singaporean regulator. The Singapore Monetary Authority, which is equivalent to the U.S. SEC, obtained the files

Do Kwon, founder of Terraform Labs, allegedly transferred 9 billion won ($7 million) to South Korean law firm Kim & Chang just before the collapse of the crypto platform in May 2022, according to a new report.