Embattled Terra (LUNA) founder Do Kwon has reportedly appealed his bail conditions by Montenegrin prosecutors.
According to a new document released by Montenegrin authorities, the decision to order Kwon and his associate Han Chang-joon to pay 400,000 euros ($435,000) to be released on bail and placed under house arrest has been appealed by the public prosecutor’s office. are placed. .
The files have been sent to the Supreme Court of Podgorica for a decision, the document said.
Kwon was first arrested in Montenegro in March after attempting to board a flight to the United Arab Emirates (UAE) with a Costa Rican passport, which authorities say was forged.
Earlier this month, Kwon and Chang-joon agreed to pay $435,000 each to post bail on the condition that they be forced to remain under house arrest until the end of their criminal proceedings.
Kwon and Chang-Joon also pledged not to hide from the courts, regularly respond to court summonses, and always be available in their hometowns.
However, prosecutors said at the time that the bail conditions would not be enough to prevent them from attempting to flee the Balkan country.
“The representative of the prosecution objected to the above proposal, pointing out that the amount offered does not guarantee the presence of the defendants and that the defendants have no interest in staying on the territory of Montenegro.”
Kwon is also wanted in other jurisdictions, such as South Korea and the United States, for his alleged role in the multibillion-dollar collapse of the Terra ecosystem.
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