Prosecution attorney Haris Sabotic raised objections to the proposition.
The duo won’t leave Montenegro illegally and would stay put until the judicial proceedings.
After a judge approved bail in the amount of €400,000 ($436,000), the co-founder of Terraform Labs, Do Kwon, is anticipated to be released from jail pending trial, as reported by a Montenegrin news site.
The CEO of Terraform Labs, a 31-year-old Korean national, and the company’s ex-chief financial officer, Han Chang-joon, were detained in March while attempting to board a private aircraft to Dubai using allegedly fraudulent travel papers.
Bail Approved on Stringent Conditions
According to the local media, the defendants gave the court an explanation of their financial situation in which they claimed to have assets and real estate holdings worth many millions of dollars. They also confirmed that their spouses would be responsible for making the required payment.
They also promised that if bail is granted, they won’t
We współpracy z: https://thenewscrypto.com/do-kwon-to-be-released-following-436000-bail-approval/
