A court in Montenegro has accepted Terra founder Do Kwon’s $ 428,000 bail request in his passport forgery case. A higher court had annulled a previous approval.
In March, Kwon, along with former Terra executive Han Chang-joon, were arrested in Montenegro for allegedly attempting to travel with falsified documents.
Both South Korea and the U.S. have requested Kwon’s extradition to face criminal charges following his trial in Montenegro.
The two South Korean nationals are due back in court on June 16 and the prosecution has three days to appeal the bail decision.
