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Ethereum World News 2023-05-24 18:03:04

Do Kwon’s Bail Hopes Dashed By Montenegro High Court

Summary: A High Court in Montenegro repealed bail terms for TerraUSD creator Do Kwon and his colleague Han Chang-Joon. Do Kwon and his former CFO Han were each granted €400,000 ($437,000) bail in a travel paper forgery case. Local prosecutors appealed the decision, arguing that Kwon and his CFO were flight risks. The decision will now return to the Basic Court which initially granted bail a day after Kwon’s lawyers filed the request. Authorities in Montenegro, South Korea, and the

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