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A court in Montenegro has found Do Kwon guilty of document forgery and has sentenced him to jail. Kwon will remain in custody longer.
Breaking News, Sports, Manitoba, Canada
The Basic Court in Montenegro's capital, Podgorica, has issued four-month prison sentences for two South Korean citizens -- Do Kwon and his business associate Hon Chang-joon -- for using falsified travel documents. RFE/RL filmed Montenegrin law enforcement bringing the two men to the court building and then transporting them back to prison on June 19. South Korea and the United States have requested Do Kwon's extradition -- the collapse of his cryptocurrency company Terraform Labs has been investigated as suspected fraud.
Do Kwon is also awaiting Montenegro's decision on whether to extradite him to the U.S. or South Korea.
Despite the approval of their bail proposal, the Montenegro High Court ordered Do Kwon and Han Chang-joon to remain in custody for six months even before the court ruled on their document forgery