Terra’s Do Kwon Found Guilty of Document Forgery in Montenegro, Sentenced to 4 Months in Jail

Terraform Labs founder Do Kwon has been sentenced to four months in jail by a Montenegro court after being found guilty of document forgery.

A Basic Court in the country’s capital Podgorica shared the verdict on Monday, adding that the time spent in detention will be included in the sentence.

The South Korean national was arrested in the Balkan nation back in March for the alleged possession of falsified documents, along with another Terra executive Han Chang-Joon. The two have remained in custody since their arrest despite local courts approving bail last week on the second try.

Source: Terra’s Do Kwon Found Guilty of Document Forgery in Montenegro, Sentenced to 4 Months in Jail