Do Kwon, the co-founder of Terraforms Labs and the collapsed Terra-Luna ecosystem, has received reapproval from the Basic Court of Podgorica. Kwon and Han Chong-Joon, his associate, will be released on $430,000 bail each and detained in an apartment to be monitored by the police. The new development comes less than two weeks after a high court granted prosecutors’ against the lower court’s decision to release Kwon.
Source: Mandy Williams, 2023-06-06; https://cryptopotato.com/montenegrin-basic-court-reapproves-do-kwons-430k-bail-request/