Cryptocurrency NewsDo Kwon retains Dentons law firm to defend against US charges

Do Kwon retains Dentons law firm to defend against US charges

Terra co-founder Do Kwon has engaged the services of Dentons, a global law firm, in response to a passport forgery case and extradition requests in Montenegro.

Dentons, recognized as a highly reputable global law firm, will provide legal support to Do Kwon in his ongoing legal challenges.

Dealing with legal obstacles
Do Kwon, one of the co-founders of Terra, has encountered a setback in his legal proceedings as the court in Montenegro revoked his bail. Prosecutors successfully argued that Do Kwon posed a flight risk, leading to the insufficient bail amount being deemed inadequate for house arrest.

Amidst discussions surrounding his potential extradition, Do Kwon has enlisted the legal expertise of Dentons, a well-known and esteemed law firm, to navigate the charges he is facing in the United States.

Dentons, renowned for its talented lawyers, claims to be the largest law firm globally based on the substantial number of legal professionals it employs.

These claims are supported by the GCR 100, a reputable publication by Global Competition Review that extensively lists the world’s leading law firms.

This is not the first time Dentons has been sought for advice. In 2021, the firm successfully challenged a subpoena issued by the U.S. Securities and Exchange Commission (SEC) as part of its investigation into Mirror Protocol.

Furthermore, Dentons continued to represent Do Kwon in 2022 by handling a class action lawsuit that unfolded in the Singapore High Court.

A more strategic position
With Dentons providing strong legal representation, Do Kwon is now positioned to confront the charges against him, with the next trial date scheduled for June 16.

The involvement of Dentons, known for its expertise and ample resources, is expected to enhance Do Kwon’s defense strategy. However, the outcome of the case remains largely uncertain.

Meanwhile, Terra co-founder Daniel Shin is preparing to face his initial trial at the Seoul Southern District Court. Demonstrating a steadfast commitment to his innocence, Shin has assembled a team of 30 lawyers, including a former prosecutor with experience in investigating the Terra-LUNA collapse.

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