in May 2022 Terra-LUNA who escaped from the collapse until March 2023 Do Kwon, founder of Terraform Labs He was caught in Montenegro while boarding a plane to escape in March.
Montenegrin prosecutors also accused Do Kwon of forging an official document.
US and South Korean authorities demanded the extradition of Do Kwon, who has been detained in Montenegro since March.
Do Kwon, who went to his first hearing in Montenegro today, denied the charges against him and presented his defense.
According to the news of Coindesk, in the notes released about the trial, it was written that Do Kwon’s lawyers offered to be released on bail.
“Defendant Do Kwon’s lawyer recommended that bail and custody measures be applied to the place of detention, prohibited from leaving the flat in which he resides, and periodically reporting to a specific state authority. “
Lawyers offered 400,000 euros ($437,000) bail each for Do Kwon and Terra executive Han Chang-joon, who was detained with Kwon.
The court announced that it will decide on the bail offer at the next hearing and that the next hearing date has been set for June 16.
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