Terras Do Kwon Bail Status Overturned in Montenegro
Tech Ang Katayuan ng Bail ng Do Kwon ni Terra ay Binaligtad sa Montenegro 4 minuto ang nakalipas Balita ng Ethereum ng Bitcoin In a dramatic reversal, the Montenegro High Court has overruled a prior decision that permitted Terraform Labs co-founder Do Kwon, embroiled in a high-profile scandal, to be released on bail In a surprise turn of events, the Montenegro High Court has reversed a previous decision permitting controversial Terraform Labs co-founder Do Kwon to be released on bail. This decision also encompasses Han Chong-joon, Kwons former CFO, who both face potential jail time on accusations of document forgery. As reported by Bloomberg, both South Korea and the United States are seeking extradition. Court spokeswoman Marija Rakovic informed Bloomberg that Kwon would remain behind bars while the basic court is set to make another decision in light of this high court ruling. She further clarified that there are no legal restrictions on the number of motions that can be made between the judges regarding the bail decision for the two South Korean nationals. It‘s worth mentioning the court’s original decision was to place both Kwon and Han under house arrest, monitored by police, for bail of more than $400,000 each. This happened the day after Kwons initial court hearing