Terra (LUNA) founder Do Kwon’s $436,000 bail offer was accepted by the Montenegrin court.
Terra founder Do Kwon and his friend Han Chang-Joon, who were arrested and detained in Montenegro $436,000 per person The bail offer was accepted. He will be included in the dual probation process within the scope of bail and until the court date. they will not be able to leave the country.
Kwon and Joon, a Montenegrin house arrest in the apartment will be taken and periodic to official authorities report they will give. At the hearing held on May 11 fake passport Kwon and his friend, who denied using fake document And Attempting to flee the country using a passport because of 5 years in prison being prosecuted at will. Criminal case 16 June is scheduled to begin.
US Securities and Exchange Commission after Kwon’s arrest in Montenegro (SEC)securities about the founder scam had been accused. There are still criminal fraud charges against Kwon and South KoreaThere are ongoing lawsuits in Turkey, including capital market law violations accusations.
Both the United States and South Korea demanding refund.