A Montenegro high court has annulled a decision by a lower court to release Terraform Labs co-founder Do Kwon on bail as he faces charges of attempting to travel with falsified documents, Bloomberg reported on Wednesday.
The Basic Court of the country’s capital Podgorica had accepted a previous proposal made by Kwon’s lawyers in early May to release the disgraced crypto founder and fellow defendant Terra executive Han Chang-joon on supervised bail with a payment of 400,000 euros ($435,000) each as their trial continues.
The prosecution for the case made a speedy appeal against the decision before a Podgorica high court took a decision against that of the
Trending: WATCH: DeSantis Shreds Woke Heckler Who Interrupted Speech
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!