Breaking News: Terra co-founder Do Kwon is out on bail once again following a recent court ruling in Montenegro. The ongoing saga surrounding the Terraform Labs co-founder continues to unfold.
Terra co-founder Do Kwon could potentially be rereleased on bail again following a court ruling in Montenegro. According to an official release from the Basic Court, the conditions of his release have been modified.
Remember the initial arrest? Kwon and his former CFO Han Chang-joon were arrested in March 2025 for allegedly using fraudulent documents. The legal battles have been complex and drawn international attention.
The latest developments indicate that Terra co-founder Do Kwon has been released from custody in Montenegro on bail. This marks another chapter in the already complicated legal proceedings.
But there are conditions. Kwon and Chang-Joon are now under strict bail terms and cannot leave the latter’s legal residence in Montenegro. The pair are set to be closely monitored by local police. This increased scrutiny aims to ensure compliance with the court's orders.
The future remains uncertain for Do Kwon and the legal challenges facing the Terraform Labs co-founder. Stay tuned for further updates as this story develops.