Crypto Mogul Do Kwon’s Bail Is Revoked in Montenegro

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A Montenegrin court has annulled a lower court’s decision under which former crypto mogul and Terraform Labs co-founder Do Kwon would be released on bail.   

The high court in Montenegro’s capital Podgorica overturned the earlier decision, court spokeswoman Marija Rakovic said by phone on Wednesday. Kwon remains in jail. 

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