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Terra Co-Founder and Executive Request House Arrest with $436,000 Bail in Montenegro Trial

Lawyers for Terra co-founder Do Kwon and Terra executive Han Chang-joon have requested a bail of $436,000 each and house arrest in Montenegro. The two are facing multiple criminal charges in South Korea and the United States.

If granted bail, Kwon and Chang-joon would be required to report to the designated state authority and remain restricted to a Montenegro apartment. Montenegro authorities are currently pursuing charges against the two for attempting to travel with false documents. Kwon's criminal trial is set for June 16, and despite efforts from U.S. and South Korean officials to extradite him, it is expected that he will first face legal proceedings in Montenegro.

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