Montenegro court extends Do Kwon's detention

Binance News · 2023-05-25T09:56:15.000Z

A Montenegrin court extends Terraform Labs co-founder Do Kwon’s detention in Montenegro. The court stated that it would conduct a retrial based on the reasons for termination proposed by the High Court, and then make a decision on the defendant to accept bail based on the recommendation of the defense lawyer. Do Kwon and former Terra executive Han Chang-joon will appear in court for the next hearing on June 16. According to previous news, Do Kwon was released from prison pending trial on May 12 after being allowed to pay a bail of 400,000 euros. However, yesterday, the High Court of Podgorica, the capital of Montenegro, revoked the ruling that allowed Do Kwon to be released on bail. Do Kwon is still in jail. in prison. (Daily Planet)

Montenegrin court extends detention of Terraform Labs co-founder Do Kwon in Montenegro.
The court said it would conduct a retrial based on the termination reasons given by the High Court and then make a decision on whether the defendant should accept bail based on the advice of the defense lawyer.
Do Kwon and former Terra executive Han Chang-joon are due to appear in court for the next hearing on June 16.
According to previous news, Do Kwon was released from prison on May 12 after paying a 400,000 euro bail to await trial. However, yesterday, the High Court of Podgorica, the capital of Montenegro, revoked the decision to allow Do Kwon to be released on bail, and Do Kwon is still in prison. (Planet Daily)