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Montenegro court grants bail to Terra founder Do Kwon for $436k

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The court in Montenegro has allowed Terraform Labs founder Do Kwon and former chief financial officer Han Chong-Joon to be released on bail. 

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Media reports state that the court has decided to grant Kwon and Han release from custody and place them under house arrest. To ensure their compliance, they have been required to pay a bail amount of €400,000 each, approximately $436,000 based on current exchange rates.

 

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