BREAKING: Terra founder stablekwon has been found guilty of document forgery and sentenced to four months in jail by a Montenegro court. By iamsandali.
By the same verdict, two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and Han were also confiscated, the court said.
Leading up to Kwon's arrest in Montenegro, the former executive maintained he was"not on the run," even as authorities in South Korea started an international search for him, including. Both South Korean and U.S. authorities have requested his extradition to face criminal charges related to the collapse of the multi-billion dollar crypto enterprise Terra in May 2022.
A High Court in Podgorica earlier confirmed to CoinDesk that Kwon will remain in"extradition custody" for six months while South Korea's request is under consideration.
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