reports<\/a> from the Special Police Department, a search of inmates\u2019 possessions at the Spu\u017e prison yielded laptops, mobile phones, and access codes tied to digital wallets and blockchain accounts.\u00a0<\/p>\nKwon, who was apprehended at Podgorica airport on March 23, 2023, alongside his associate Chang Yun Han, had a mobile device seized during his capture which allegedly \u201creactivated\u201d after the discovery of a tunnel linked to the High Court depo. <\/p>\n
This incident has led to speculation regarding possible \u201cexternal communications\u201d during Kwon\u2019s time in detention in Montenegrin custody. <\/p>\n
Authorities have yet to clarify if the reactivation of Kwon\u2019s phone was a coincidence or if it revealed a broader network facilitating his cryptocurrency interactions.<\/p>\n
Evidence suggesting links of campaign financing and joint enterprises between Do Kwon and Montenegro\u2019s Prime Minister Milojko Spaji\u0107 was reportedly found on one of the seized laptops. However, the official investigation has not validated these claims. <\/p>\n
The Montenegrin courts reported that they did not have custody of Kwon\u2019s devices until June 5, 2023, despite his arrest almost four months prior.<\/p>\n
Ongoing Investigations in Do Kwon\u2019s Case<\/h2>\n
Media attempts to gather information about Kwon\u2019s alleged blockchain transaction activities have met with vague responses from the Basic Prosecutor\u2019s Office and the High Court, which referred to protecting the integrity of ongoing proceedings. <\/p>\n
There are claims that Kwon may have completed at least three transactions from his cryptocurrency wallet while detained, using an account belonging to a Podgorica firm involved in mobile device sales, adding complexity to his ongoing narrative of alleged misconduct during imprisonment.<\/p>\n
Montenegrin officials assert that the confiscation of Kwon\u2019s electronic devices took place only following the direction of then-Minister of Police Filip Ad\u017ei\u0107, who mandated the removal of all \u201crelevant materials\u201d from the prison.<\/p>\n
This situation has prompted allegations of preferential treatment toward Kwon, insinuating he had access to vital devices that should have been secured at the outset.<\/p>\n
As investigations progress, uncertainties persist about the degree of Kwon\u2019s control over his cryptocurrency assets while in detention. With extradition procedures pending to either the U.S. or South Korea, Do Kwon has largely refrained from commenting during the proceedings.<\/p>\n
<\/p>\n
As of now, Terraform\u2019s native token Luna Classic (LUNC) is priced at $0.00009151, reflecting a nearly 2% increase over the past 24 hours.\u00a0<\/p>\n
Image sourced from DALL-E, chart data from TradingView.com<\/p>\n","protected":false},"excerpt":{"rendered":"
A developing situation involving Do Kwon, co-founder of the defunct Terraform Labs, has emerged, indicating he may have participated in cryptocurrency transactions while being held in a Montenegrin prison. This information surfaces after an extended duration where officials reportedly waited 72 days before confiscating his electronic devices and wallet access codes post-arrest. Discovery of Electronics […]<\/p>\n","protected":false},"author":1,"featured_media":21008,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Do Kwon Allegedly Made Crypto Moves from Behind Bars for Over Two Months - Bitrabo","description":"A developing situation involving Do Kwon, co-founder of the defunct Terraform Labs, has emerged, indicating he may have participated in cryptocurrency transacti"},"footnotes":""},"categories":[316],"tags":[9521,504,5126,1642,2061,1643,1962,4487,675],"class_list":["post-21007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-conducted","tag-crypto","tag-do-kwon","tag-kwon","tag-months","tag-prison","tag-report","tag-reportedly","tag-transactions"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/21007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=21007"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/21007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/21008"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=21007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=21007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=21007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}