![Terra Luna founder Do Kwon’s bail terms officially accepted by Montenegro court](http://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/s3.cointelegraph.com/uploads/2023-05/799562b5-5dba-4b04-9780-831e77dd66b6.jpg)
2023-5-13 15:16 |
The Montenegro court accepted the offered bail of $436,000 per person for Do Kwon and his former aide Han Chang-joon.
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2023-5-13 15:16 |
The Montenegro court accepted the offered bail of $436,000 per person for Do Kwon and his former aide Han Chang-joon.
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Montenegrin officials have granted Terraform Labs co-founder Do Kwon bail in the travel document forgery case. Kwon will be freed from jail on a supervised €400,000 ($436,000) bail pending trial.
2023-5-13 19:53 | |
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Terraform Labs co-founder Do Kwon will be released on bail alongside company CFO Han Chong-Joon — against the wishes of prosecutors. The Montenegro court has set a fee of €400,000 ($436,000) per person, according to Bloomberg.
2023-5-12 16:15 | |
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Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.
2023-5-12 15:14 | |
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Lawyers said Do Kwon and Han Chang-joon could be released on bail and largely confined to a Montenegro apartment with the “obligation to periodically report to the state authority.”
2023-5-12 17:58 | |
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Montenegrin authorities arrested the Terra founder in March for allegedly attempting to travel with fake documents.
2023-5-11 16:35 | |
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