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☆ Do Kwon: Crypto fugitive sentenced to four months in Montenegro prison
▼ + stars: | 2023-06-20 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Kwon Do-hyeong, also known as Do Kwon, the disgraced former crypto boss who is wanted in the United States and South Korea on fraud and other charges, has been sentenced to four months in prison in Montenegro. A court in the southern European country sentenced Do Kwon and another South Korean national, Han Chang-Joon, Monday to four months behind bars after they were found guilty of falsifying documents, a spokesperson for the Basic Court in Podgorica told CNN. According to Reuters, Han was previously the finance officer of Terraform Labs, a blockchain platform founded by Kwon. Authorities found and confiscated two Costa Rican passports, two Belgian passports and two identity cards from the former crypto executives. The court in Podgorica said Monday the sentence would be written and delivered to Kwon and Han within the following 30 days.

Persons: London CNN — Kwon, Kwon, Han Chang, Joon, Han, Luna Organizations: London CNN, Korean, CNN, Reuters, Terraform Labs, Authorities, Costa, Labs, US Securities and Exchange Commission, ” Prosecutors, Twitter Locations: United States, South Korea, Montenegro, Podgorica, Montenegro’s, Dubai, Costa Rican, Seoul, Serbia

☆ Do Kwon Sentenced to Four Months for Passport Fraud in Montenegro
▼ + stars: | 2023-06-19 | by ( Vicky Ge Huang | Ivan Cadjenovic | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/do-kwon-sentenced-to-four-months-for-passport-fraud-in-montenegro-6fb924fa

Persons: Dow Jones, kwon, 6fb924fa Locations: montenegro

☆ Montenegro court jails 'cryptocurrency king' Do Kwon for four months -media
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

A South Korean national, Kwon is the former CEO of South Korea-based Terraform Labs, the company behind the stablecoin TerraUSD that collapsed in May 2022, roiling cryptocurrency markets. Police said after arresting them they had found doctored Costa Rican passports, a separate set of Belgian passports, laptop computers and other devices in their luggage. The sentence follows a court hearing last week at which Do Kwon dropped his request for checking authenticity of the Costa Rican passports after Interpol's confirmation they were fake. South Korean and U.S. authorities have sought the extradition of Kwon and Han and the handover of the computers. Following Kwon's arrest, the U.S. District Court in Manhattan made public an eight-count indictment against him for securities fraud, wire fraud, commodities fraud and conspiracy.

Persons: Do Kwon, Kwon, Han Chang, joon, Han, Daria Sito, Gareth Jones, Jason Neely Organizations: Korean, Labs, Police, Costa, U.S, Thomson Locations: SARAJEVO, Montenegro, U.S, South Korea, Dubai, Podgorica, Montenegro's, Rican, Costa Rican, Manhattan

[1/5] Kosovo police officers guard near the village of Bare, Kosovo, June 14, 2023. Three Kosovo police officers were detained by Serbian forces on Wednesday but officials from Kosovo and Serbia gave different locations for the arrest, accusing each other of crossing the border illegally.... Read morePRISTINA/BELGRADE, June 14 (Reuters) - Three Kosovo police officers were detained by Serbian forces on Wednesday but officials from Kosovo and Serbia gave different locations for the arrest, accusing each other of crossing the border illegally. "The entry of Serbian forces into the territory of Kosovo is aggression and aimed at escalation and destabilization," Kurti wrote on his Facebook page. But Serbia's President Aleksandar Vucic said the three were arrested "as far as 1.8 kilometers (1 mile)" inside Serbian territory near the village of Gnjilica. In 1999, a NATO bombing campaign drove Serbian security forces out of Kosovo but Belgrade continues to regard it as a southern province.

Persons: Read, Albin Kurti, Kurti, Aleksandar Vucic, Vucic, Fatos Bytyci, Ivana Sekularac, Aleksandar Vasovic, Frank Jack Daniel, Jonathan Oatis, Angus MacSwan, William Maclean Organizations: Kosovo, Serbian, Reuters, NATO, Thomson Locations: Bare, Kosovo, Serbia, PRISTINA, BELGRADE, Serbian, Gnjilica, Balkans, Belgrade

☆ Montenegro holds parliamentary vote to secure reforms, EU path
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +3 min

The parliamentary vote is the first in the small former Yugoslav republic since Milo Djukanovic, former leader of the Democratic Party of Socialists (DPS), lost the presidential election in April and stepped down after 30 years in power. Polling stations for the 540,000-strong electorate open at 7 a.m. (0500 GMT) and close at 8 p.m. (1800 GMT). The state election commission said 15 parties and alliances will compete for 81 parliamentary seats in the nation of just over 620,000 people. Montenegro is a candidate to join the EU, but it must first root out corruption, nepotism and organised crime. After Russia's invasion of Ukraine last year, Montenegro - unlike Serbia - joined EU sanctions against Moscow.

Persons: Djukanovic, Milo Djukanovic, Jakov Milatovic, Milojko Spajic, Danijel Zivkovic, Zivkovic, Moscow, Aleksandar Vasovic, Stevo, Helen Popper Our Organizations: PODGORICA, NATO, European Union, Democratic Party of Socialists, Centre for Democracy, Human, European, Finance, EU DPS, Russia Democratic Front, Serbian Orthodox, EU, Serbian, Moscow, Thomson Locations: Yugoslav, EU, Montenegro, Serbia, Serbian, Ukraine, Belgrade, Podgorica

☆ Montenegro snap election could clear path to EU
▼ + stars: | 2023-06-11 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsMontenegro snap election could clear path to EUPostedMontenegrins cast their votes on Sunday (June 11) in a snap election many hope will bring in a new government to implement economic reforms, improve infrastructure and take the NATO member state closer to European Union membership. Podgarica resident Jelena Popovic speaks of her hopes for the next government.

Persons: Jelena Popovic Organizations: Sunday, NATO, European Union

BELGRADE, June 9 (Reuters) - Serbia's president urged Kosovo on Friday not to organise new elections for mayors in its north until more autonomy had been granted to ethnic Serbs who form a local majority and boycotted a previous vote. "All Serbs in the north think of Serbia as their country, not Kosovo. "We still don't have an association of Serb municipalities, there is still no withdrawal of (Kosovo Albanian) special police forces and mayors there," he said. Vucic said: "Serbs (in the north) are always ready to talk, but you have to offer them something." "We will keep our troops on high alert, not the highest combat alert, because that costs a lot."

Persons: Aleksandar Vucic, Vucic, Albin Kurti, Vjosa Osmani, Kurti, Ivana Sekularac, Aleksandar Vasovic, Mark Heinrich Our Organizations: Kosovo, Reuters, NATO, European Union, Kosovo Albanian, Union, Serbia, Belgrade, Rafale, EU, Thomson Locations: BELGRADE, Serbia, Kosovo, Belgrade, United States, Pristina, Serbian, France, Russia, China

☆ How a Cracked Phone App Upended a Crime-Ridden Balkan State
▼ + stars: | 2023-06-08 | by ( Andrew Higgins | ) www.nytimes.com time to read: +1 min

When police forces in Western Europe cracked ‌‌an encrypted phone app popular with narco-traffickers, the messages they deciphered from the Balkan nation of Montenegro provided shocking evidence of a state captured by crime. A Montenegrin police officer discussed cocaine shipments with a notorious crime boss, and the son of the head of the country’s supreme court offered to skew verdicts and help with smuggling. Another police officer sent photographs to the leader of an organized crime group to show how his police unit had roughed up members of a rival crime gang. Rumors had swirled for years of Mr. Djukanovic’s collusion with criminals, something he has always denied. “It was evident that the institutions were captured by corruption and organized crime,” Mr. Djukanovic’s successor, Jakov Milatovic, 36, said in an interview last month on his first day at work as president in Podgorica, the capital‌.

Persons: Milo Djukanovic, Europe’s, Mr, Djukanovic’s, Jakov Milatovic Locations: Western Europe, Balkan, Montenegro, Montenegrin, Podgorica

☆ Western Balkans states discuss how to improve migration governance
▼ + stars: | 2023-06-08 | by ( Daria Sito-Sucic | ) www.reuters.com time to read: +2 min

JAHORINA MOUNTAIN, Bosnia June 8 (Reuters) - Security and migration officials from six Western Balkans countries, all of which aspire to join the European Union, on Thursday pledged to work together with the EU and United Nations agencies to improve sustainable migration governance. "When it comes to the migrant crisis, we from the Western Balkans face not only humanitarian challenges but also security and political challenges," said Bosnia's Security Minister Nenad Nesic, who hosted the meeting at a mountain resort near the capital Sarajevo. "Trends in migration are very dynamic and the Western Balkans is a major transitory route," Ugochi Florence Daniels, the IOM Deputy Director General for Operations, told Reuters. "The action plan is an opportunity to deal with the immediate issues - trafficking and smuggling and sustainable returns," Daniels said. "It is also an opportunity to look at the longer-term opportunities that migration is bringing - remittances to the Western Balkans are $10 billion or 10% of GDP - that is a significant contribution to development," she added.

Persons: Nenad Nesic, Oliver Spasovski, Ugochi Florence Daniels, Daniels, Daria Sito, Angus MacSwan Organizations: European Union, EU, United Nations, Bosnia's, International Organisation for Migration, Operations, Reuters, Thomson Locations: Bosnia, Balkans, North Macedonia, Montenegro, Serbia, Albania, Kosovo, East, Afghanistan, Asia, Africa, Sarajevo, Croatia, Slovenia, Macedonia's

CNN —Kosovo’s Prime Minister Albin Kurti told CNN on Tuesday that he would not surrender the country to what he described as a Serbian “fascist militia,” following violent protests in its north over the installation of ethnically Albanian mayors in a disputed election. “We are not facing peaceful protesters, we are facing a mob of extremists,” Kurti told CNN. Disputed electionsMonday’s violence erupted after tensions bubbled for months in northern Kosovo over controversial local elections. More than a decade on, these municipalities have not been created, leaving disputes over the degree of autonomy for Kosovo’s Serbs to fester. “Kosovo is a success story of NATO intervention – that is what bothers both Belgrade and the Kremlin,” Kurti told CNN.

Persons: CNN —, Albin Kurti, ” Kurti, –, Valdrin Xhemaj, Antony Blinken, Kurti, ” Blinken, Emmanuel Macron, ” Macron, CNN’s Isa Soares, Kosovo’s, Aleksandar Vucic, “, Meliza, Quint, ” Haradinaj, Laura Hasani, Slobodan, Milosevic, ”, Putin, Vucic, ” Bosko Jaksic, we’ve Organizations: CNN, CNN — Kosovo’s, NATO, Serbian, NATO’s Kosovo Force, KFOR, Reuters, “, US, Kosovo, Kosovar, Albanian, European Union, Serbs, Kremlin Locations: Serbian, Zvecan, NATO’s, Albanian, United States, Kosovo, Slovakia, Pristina, Kosovo’s, Belgrade, United Kingdom, Germany, France, Italy, Reuters Kosovo, Brussels, Serbia, fester, Yugoslavia, Montenegro, “ Kosovo, Ukraine, ”, He’s

☆ Factbox: Key facts on Kosovo, independent for 15 years from Serbia
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: +5 min

Here are key facts about the small western Balkan republic:POPULATION: Around 1.8 million, according to the most recent census in 2011, which local Serbs boycotted. HISTORY & PEOPLE: Kosovo became part of the Kingdom of Serbia in the early 13th century, with a mixed population of ethnic Albanians, Serbs and Vlachs. Mutual expulsions and migrations to and from neighbouring Albania in the early 20th century changed Kosovo's ethnic makeup. He accused Kosovo Albanians of persecuting local Serbs and restricted their rights in education and local government. It backs nationalist minority Serbs in north Kosovo boycotting the state, creating a de facto partition.

☆ Kosovo tensions: Why did ethnic Serbs attack NATO peacekeepers?
▼ + stars: | 2023-05-30 | by ( Christian Edwards | ) edition.cnn.com time to read: +8 min

CNN —Dozens of NATO peacekeepers were injured after they were attacked by ethnic Serbs in northern Kosovo, during protests over the installation of ethnically Albanian mayors. More than a decade on, these municipalities have not been created, leaving disputes over the degree of autonomy for Kosovo’s Serbs to fester. Valdrin Xhemaj/ReutersFearing potential violence, Kosovo’s central election commission changed plans to put voting booths in local schools, instead setting up mobile huts patrolled by NATO peacekeepers. Of these, more than 16,000 are ethnic Serbs – with only around 500 ethnic Albanians. The peacekeeping mission said that it had increased its presence in northern Kosovo after the newly elected ethnically Albanian mayors took office in majority Kosovo Serb areas.

[1/5] People attend a protest "Serbia against violence" in reaction to the two mass shootings in the same week, that have shaken the country, in Belgrade, Serbia, May 27, 2023. REUTERS/Marko DjuricaBELGRADE, May 27 (Reuters) - Tens of thousands braved rain and wind in Belgrade on Saturday in an anti-government protest over two mass shootings that killed 18 people, blaming the deaths on a culture of violence that critics say authorities have allowed to permeate society. On May 3 a teenage boy killed nine pupils and a security guard in Belgrade in the first school mass shooting in Serbia, and a day later a 21-year-old man killed eight outside the city. It was the fourth such protest in as many weeks, with demonstrators turning up in similar numbers to the previous three rallies despite bad weather. On Friday, tens of thousands of people bussed-in from across Serbia, neighbouring Kosovo, Montenegro, Bosnia and North Macedonia rallied in the centre of Belgrade in a show of support for Vucic.

☆ Serbia's President Vucic steps down as head of ruling party
▼ + stars: | 2023-05-27 | by ( ) www.cnbc.com time to read: +1 min

Serbian President Aleksandar Vucic stepped down as leader of the ruling Serbian Progressive Party (SNS) at a party congress on Saturday, saying a new approach was needed to unite the country, but said he would remain head of state. Another anti-government protest is scheduled for later on Saturday. Leaders of the SNS accepted Vucic's resignation offer at the party congress in Kragujevac, central Serbia, and appointed defense minister Milos Vucevic to replace him, as Vucic had proposed. Opposition parties and rights watchdogs have long accused Vucic and the SNS of autocracy, stifling media freedoms, violence against political opponents, corruption and ties with organized crime. Vucic and his allies deny the accusations.

Serbian President Aleksandar Vucic pledged to "practically disarm" his country, with the government quickly launching a month-long amnesty for illegal weapons. Political opponents - who have long demanded tighter arms controls - call the move a populist step that cannot solve Serbia's illegal weapons problem, while organising mass protests against the violence they say permeates society. Prices of illegal weapons on the 1990s black market in Serbia were as low as $10 for a hand grenade and $150 for an assault rifle, and many were smuggled outside the country. Between 2012 and 2016 Serbia registered a total of 10,061 gun-related crimes, neighbouring Albania 6,815 and Bosnia 5,616, SEESAC's data shows. Duquet said that while the situation in Serbia was not comparable to the United States, which has far more frequent mass shootings, the country's latest attempt to disarm may form a useful precedent closer to home as war rages again in Europe.

☆ ‘A problem in the political culture": Serbians call for more than disarmament to end violence after mass shootings
▼ + stars: | 2023-05-19 | by ( Christian Edwards | ) edition.cnn.com time to read: +9 min

Despite having one of the world’s highest rates of gun ownership in the world, mass shootings like this are extremely rare in Serbia. Most people simply inherited weapons from their parents and grandparents – remnants of the sort of violence that no longer plagues the region. While the two “gratuitous” acts of violence that shocked the country this month were without precedent, O’Donnell said, other types of violence are more banal. ‘Serbia against violence’Since the shootings, tens of thousands of Serbians have taken to the streets in opposition-led “Serbia against violence” marches, demanding the resignation of several government ministers. Against this public demand for a mellowing of the political culture, Vučić has seemed unsure how to respond.

☆ Montenegro court releases crypto entrepreneur Do Kwon on bail
▼ + stars: | 2023-05-12 | by ( ) www.reuters.com time to read: +2 min

BELGRADE, May 12 (Reuters) - A court in Montenegro agreed on Friday to release Do Kwon, a cryptocurrency entrepreneur charged in the U.S. with a multibillion-dollar fraud, on bail of 400,000 euros ($440,320), pending a trial on local charges. Following his arrest in Montenegro in March, the U.S. District Court in Manhattan made public an eight-count indictment against Do Kwon for securities fraud, wire fraud, commodities fraud and conspiracy. He was detained with Han Chang-joon, Terraform Labs' former finance officer, who will also be released on bail of 400,000 euros. "The court ... found that the possibility of losing the posted bail of 400,000 euros each, works sufficiently to dissuade them from any desire to flee," the statement said. Montenegrin police arrested Do Kwon and Chang-joon at Podgorica airport as they tried to board a flight to Dubai.

☆ Flights from the US to Europe are going to be incredibly expensive this summer — here's why
▼ + stars: | 2023-05-12 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

There's high demand for international summer travel and likely not enough seats to satisfy it. Americans have their eyes set on international travel — and Europe especially. If you want to fly to Europe this summer, you're likely going to spend $300 more than you would have before the pandemic. Last year, it was flights within the US that had their most expensive summer in years, averaging $376 round trip. "Next summer for international will be less expensive than this summer and probably start returning to some level of normalcy similar to what happened with domestic," Berg said.

☆ Can the UK afford to host Ukraine’s Eurovision? It can’t afford not to
▼ + stars: | 2023-05-12 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

watch nowThe U.K. will host the 67th Eurovision Song Contest on May 13. What is the Eurovision Song Contest? The U.K. is hosting the 67th edition of the Eurovision Song Contest in 2023, as the war remains ongoing in Ukraine, 2022's winners. For one, the competition can be a great advert for the host city — and country — which can endure well after the party is over. Electro-pop duo Tvorchi is representing Ukraine in the 2023 Eurovision Song Contest.

ApartmentComplex Before dawn on Feb. 6, a powerful earthquake in southern Turkey destroyed an upscale apartment complex, killing hundreds. The main building in the Renaissance complex toppled over, evidence that the building had major vulnerabilities on the lower level and the south side. Tall column Recreational space on ground floor Antis Yapi via Facebook The most vulnerable part of Renaissance was the ground floor, which had an open layout. 3-D model highlights the ground floor columns and recreational spaces. The horizontal forces could have weakened the ground floor columns and possibly torn them apart.

[1/5] People attend a protest "Serbia against violence" in reaction to recent mass shootings that have shaken the country, in Belgrade, Serbia, May 8, 2023. Crowds in numbers not seen in the Balkan country for years, solemnly marched through the city centre behind a banner reading "Serbia Against Violence". Opposition parties and some rights groups accuse President Aleksandar Vucic and his ruling Serbian Progressive Party (SNS) of autocracy, oppressing media freedoms, violence against political opponents, cronyism, corruption, and ties with organised crime. In response to the shootings, Serbia's police on Monday started a one-month amnesty for surrendering illegal weapons. In addition to existing gun laws, Vucic announced police checks of registered gun owners.

☆ Serbian man confesses to killing eight in shooting rampage, prosecutors say
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +3 min

In a statement seen by Reuters, the prosecutors said a man identified only as U.B. A girl shot in the head in a school shooting in Serbia in which eight pupils and a guard were killed is still in critical condition, RTS state TV reported on Saturday. Burials were being held on Saturday for four of the pupils and the guard killed in the school shooting and five young men killed in the second rampage. Following the shootings, the government introduced a set of measures aimed at preventing violence in schools and reducing the number of weapons held by civilians. The suspect in the school shooting is a 13-year-old boy who police said surrendered on Wednesday after taking two of his father's handguns to carry out the shooting.

☆ South Korean Prosecutor Calls for Crypto Entrepreneur Do Kwon to Face Charges in Home Country
▼ + stars: | 2023-05-05 | by ( Jiyoung Sohn | ) www.wsj.com time to read: 1 min

Crypto entrepreneur Do Kwon has been detained in Montenegro since March. Photo: stringer/Agence France-Presse/Getty ImagesSEOUL—The South Korean prosecutor leading the investigation into crypto entrepreneur Do Kwon said he believes extraditing him to his native country would be the best way to bring justice to victims of the TerraUSD cryptocurrency crash, which wiped out some $40 billion from digital currency markets. South Korea is vying with U.S. prosecutors to extradite Mr. Kwon from Montenegro, where he has been detained since March, and charge him in connection with the failed TerraUSD and Luna cryptocurrencies. Mr. Kwon, who is a South Korean citizen, was the co-founder of Terraform Labs, the company behind the two failed cryptocurrencies.

[1/6] People pay tribute following a school mass shooting, after a boy opened fire on others, killing fellow students and staff in Belgrade, Serbia, May 4, 2023. REUTERS/Antonio BronicBELGRADE, May 4 (Reuters) - Two pupils wounded in Serbia's first mass school shooting were in critical condition on Thursday, health officials said, as the country prepared for three days of national mourning. A teacher and six pupils were wounded. Milika Asanin, director of the University hospital, said that the condition of a severely wounded boy treated there had improved, but was still considered critical, the Tanjug news agency reported. The remaining children and the teacher treated in the two hospitals were in stable condition, both Ducic and Asanin said.

☆ This digital nomad worked in 20 countries in 5 years. Here are her best money tips
▼ + stars: | 2023-05-04 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +6 min

Daniella Pashuk decided to be a digital nomad 5 years ago, even before the pandemic when she was just 19. But Daniella Pashuk became a digital nomad five years ago, well before the pandemic when she was just 19. "I got to be wherever I want to be and do whatever I want to do in different countries. Daniella Pashuk digital nomadNow 24, Pashuk has traveled to over 20 countries in five years. Daniella Pashuk Digital nomad

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