Terra co-founder Do Kwon enlisted the services of global law firm Dentons following a passport forgery case, and extradition requests in Montenegro.
Denton has been a highly ranked global law firm, and will help Do Kwon in his legal struggles.
Addressing legal challenges
Terra co-founder Do Kwon, who is embroiled in a passport forgery case in Montenegro, faced a setback as the court revoked his bail. Prosecutors successfully argued that Do Kwon posed a flight risk, deeming the initial bail amount insufficient for house arrest.
As discussions surrounding his potential extradition intensify, Do Kwon has sought the legal expertise of Dentons, a prominent and widely recognized law firm, to navigate the charges he faces in the United States.
Known for its legal talent, Dentons claims to be the largest law firm worldwide, thanks to the sheer number of legal professionals employed under its banner.
These claims appear to be backed by the GCR 100, a renowned publication by Global Competition Review, which provides an extensive listing of the world’s leading law firms.
This is not the first time advice has been sought out from Dentons. In 2021, the firm successfully took on the challenge of challenging a subpoena issued by the U.S. Securities and Exchange Commission (SEC) as part of its investigation into Mirror Protocol.
Later, Dentons continued its legal representation in 2022 by representing Do Kwon in a class action lawsuit that unfolded in the Singapore High Court.
Taking a more strategic positioning
With Dentons’ formidable legal representation, Do Kwon is now positioned to confront the legal charges before him, with the next trial date being set for June 16.
The involvement of Dentons, renowned for its expertise and abundant resources, is likely to bolster Do Kwon’s defense strategy. That being said, the outcome of the case is still largely unknown.
At the same time, Terra co-founder Daniel Shin is gearing up to face his first trial at the Seoul Southern District Court. Displaying a staunch commitment to his innocence, Shin has assembled a team of 30 lawyers, which includes a former-prosecutor with experience in investigating the Terra-LUNA collapse.