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Former Celsius CEO Alex Mashinsky Pleads Not Guilty, Bail Set At $40 Million


A U.S. District Judge has set the bail for the former CEO of Celsius Alex Mashinsky at $40 million.  Mashinsky pleaded not guilty to the fraud charges that he artificially inflated the value of CEL token and misled the customers after he was arrested Thursday.... Read More: Former Celsius CEO Alex...

Do Kwon Set for Bail After Montenegro Ruling – LUNC Prices on the Rise


A fresh Montenegro court ruling means Do Kwon, the Terraform Labs founder and CEO, could be released on bail again. Per the media outlets Vijesti and Hankook Ilbo, a branch of the Podgorica District Court approved a second bail request for Kwon and Terra’s former chief financial officer...

Terraform Labs’ Do Kwon’s Bail Revoked in Montenegro Court: Bloomberg


A court in Montenegro has repealed a lower court’s decision under which to release Terraform Labs co-founder Do Kwon on bail, according to Bloomberg News.  A court spokesperson said a high court in Montenegro’s capital overturned the earlier decision and Kwon remains in jail, Bloomberg reported. ...

Terra Founder Do Kwon Having His Bail Conditions Appealed in Montenegrin Court


Prosecutors in Montenegro appealed against the bail terms of Terra/LUNA co-founder Do Kwon and chief financial officer Han Chang-Joon. On Wednesday, the State Prosecutor’s Office in the country's capital, Podgorica, filed an official appeal against the decision made by the court on May 12 to grant...

Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro


Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail...

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