Prosecutors of Montenegro have reportedly appealed the court’s rule to release Terraform Labs’ co-founder – Do Kwon – on a $440,000 bail.
The 31-year-old developer was arrested in the Balkan country in March this year after supposedly being on the run for several months. Numerous regulators and agencies argued that he was frequently moving from one location to another to escape facing justice after the gigantic collapse of LUNA/UST.
Prosecutors Are not Happy
According to recent coverage, a district prosecutor’s office in Podgorica, Montenegro, filed an appeal against the court’s decision to grant bail to Do Kwon and his associate Han Chang-Joon.
The two men applied for a release last week on a $440,000 bail each, whereas the Basic Court in Podgorica honored their wish. If the sum is paid, they will be released from the detention facility but will be ordered to remain inside an appointed place. Rumors say Kwon and Chang-Joon could temporarily move to an apartment belong
We współpracy z: https://cryptopotato.com/do-kwons-bail-appealed-by-montenegrin-prosecutors-report/
