Do Kwon is out
Published in
May 12, 2023
Do Kwon, the former Terra Lab Founder, was out of jail after he paid €400,000, a court in Montenegro ruled today.
He still subjected to house arrest and cannot leave the country until the end of the criminal prosecution.
Do Kwon told the judge…
But his bank account information disagreed with more than $100 million in fiat has been withdrawn from the Swiss bank.
Korean authority has frozen his assets worth about $176M.
But he probably owed investors around $2B…