Montenegro court agrees to release founder of cryptocurrency firm Terraform Labs on bail

Montenegro court agrees to release founder of cryptocurrency firm Terraform Labs on bail

a year ago
Anonymous $KxGqLmj_R3

https://apnews.com/article/montenegro-crypto-kwon-terraform-korea-d6344c05d59e5ec5faf5f0e11bae1879

PODGORICA, Montenegro (AP) — A court in Montenegro agreed to release Terraform Labs founder Do Kwon from jail Friday along with another South Korean citizen who also is charged with using forged identification documents in the Balkan country.

The Basic Court Podgorica accepted 400,000 euros ( $435,000) in bail for each of the two suspects pending the outcome of their trial but prohibited them from leaving their apartment, which will be guarded by Montenegrin police, according to a statement.

Montenegro court agrees to release founder of cryptocurrency firm Terraform Labs on bail

May 12, 2023, 1:28pm UTC
https://apnews.com/article/montenegro-crypto-kwon-terraform-korea-d6344c05d59e5ec5faf5f0e11bae1879 > PODGORICA, Montenegro (AP) — A court in Montenegro agreed to release Terraform Labs founder Do Kwon from jail Friday along with another South Korean citizen who also is charged with using forged identification documents in the Balkan country. > The Basic Court Podgorica accepted 400,000 euros ( $435,000) in bail for each of the two suspects pending the outcome of their trial but prohibited them from leaving their apartment, which will be guarded by Montenegrin police, according to a statement.