• Montenegro Court has once again granted bail to Terra co-founder Do Kwon and CTO Han Chang-joon at 400,000 Euros ($436,000) each.
• The court has ordered them to remain at the apartment location supplied by their attorney and cooperate with court orders like monitoring and appearances.
• Prosecutors in Montenegro have three days to file an appeal of the court’s decision.
Terra Co-Founder Granted Bail Again
The Montenegro Basic Court has once again authorized bail for Terra co-founder Do Kwon and CTO Han Chang-joon at 400,000 Euros ($436,000) each. Judge Ivana Beci decided to release them so that they may mount a proper defense against the allegations of document forgery.
Monitoring & Appearances
The court has ordered them to remain at the apartment location supplied by their attorney and cooperate with court orders like monitoring and appearances. Additionally, the Basic Court considered the nature of the crime, personal circumstances of defendants, as well as ability of potential bond sureties to pay.
Verifying Legitimacy Of Other Travel Papers & IDs
Since Do Kwon’s attorney said that passports were acquired legitimately, the court will also verify legitimacy of other travel papers and identification cards. The bail money will be added to court’s budget if offenders flee or break any restrictions set by court.
Extradition To South Korea Or US After Serving Term In Montenegro
Do Kwon will only be extradited to South Korea or United States after he completes serving his term in Montenegro. Prosecutors in Montenegro have three days to file an appeal of this decision; otherwise it will stand valid from June 4th 2023 onwards.
Conclusion
The granting of bail shows that there is a chance for legal proceedings against Do Kwon and Han Chang-joon in order for them to prove their innocence regarding passport fabrication allegations leveled against them