The Montenegro Court of First Instance has once again authorized bail for Terra co-founder Do Kwon and CTO Han Chang Joon in the amount of 400,000 euros ($436,000) each, according to lawyer Branko Andelic.

The Montenegrin prosecutor's office now has three days to appeal the court's decision. The previous decision of the Montenegrin Court of First Instance to release the defendants on bail totaling €800,000 was overturned by the Montenegrin High Court on May 24.

Do Kwon must remain in the apartment at the address provided by the lawyer

The court ordered both to remain in the apartment at the address indicated by their lawyer Branko Andjelić until the conclusion of the passport forgery case. They must comply with subpoenas, surveillance and other measures taken by the court.

The trial court took into account the seriousness of the criminal offense, the personal and family circumstances of the defendants, and the financial situation of the persons posting bail. The court will also examine the authenticity of travel documents and identification cards, as Do Kwon's lawyer argued that the Costa Rican passports were obtained legally.

If the defendants flee or violate the imposed measures, the court will revoke their bail and the bail amount will be added to the court's budget. It is noteworthy that Do Kwon's extradition to either South Korea or the United States will only occur after he has served his sentence in Montenegro.

The prosecutor's office of Montenegro has 3 days to appeal the court decision

Montenegro Prosecutor Haris Ć abotic previously appealed the court's decision to release Do Kwon and Han Chang Joon on bail. Prosecutors said the bail amount was insufficient to prevent the defendants from fleeing, and no supervision was added to the bail conditions. The court of first instance gave prosecutors three days to appeal the new court decision. Or the court will release the defendants on bail and under new conditions.

Recall that Do Kwon hired the world's largest law firm, Dentons, to represent him in the prosecution and investigation by US federal prosecutors. It is known that the lawyers of this company charge very substantial fees for their work.

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