A court in Montenegro accepted bail to release Terraform Labs co-founder Do Kwon and former chief financial officer Han Chang-joon from jail on Friday after allegedly using false documents.
The Basic Court Podgorica said the two would not be allowed to leave their homes in accepting the 400,000 euros in bail for each of them.
Kwon had been on the run for months after the demise of Terra, which was behind the algorithmic stablecoin TerraUSD that fell into a tailspin last year. …
Read More: Montenegro Court Agrees To Release Terraform’s Kwon and CFO on Bail