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Montenegrin Court Reinstates Do Kwon's Bail; Dismisses Prosecutor's Appeal

A court in Montenegro has once again granted bail to Do Kwon, the disgraced co-founder of Terraform Labs accused of fraud in South Korea and the US, after an appeal by the local prosecutors fell through. In an announcement on Friday, the Basic Court in Podgorica said it had re-adopted the bail terms set on May 12 that states that Kwon and Terraform Labs' Chief Financial Officer, Han Chang-Joon, each pay 400,000 euros (US$428,241).Confinement under Police SurveillanceFurthermore, according to the... Read More

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Montenegrin

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Reinstates

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Dismisses

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Posted: Jun 5 2023, 20:06

Author Name: financemagnates

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