This means that Terraform Labs co-founder Do Kwon and former chief financial officer Han Chang-Joon continue to be held in prison until trial.T
Previously on May 12, a lower court in Montenegro issued a decision to temporarily release Do Kwon and Han Chang Joon to home confinement with a bail amount of about 429,000 USD for each person. But the Supreme Court of Montenegro rejected this bail ruling. At the same time, make a decision to revoke the guarantee amount.
After news of Do Kwon's arrest in Montenegro, US federal prosecutors requested his extradition to New York to stand trial. And at the same time, the spokesman for the Southern District Prosecutor's Office, Seoul, Korea also emphasized that the Korean government also wanted to extradite Do Kwon back to the country. It is still unclear where Do Kwon will be extradited and when he will be tried
