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The court in Montenegro has extended the detention period of Do Kwon in Montenegro.

According to BlockBeats news on May 25th, the Montenegro court has extended the detention period for Do Kwon, co-founder of Terraform Labs, in Montenegro. The court stated that "the court will review based on the termination reasons put forward by the higher court, and then make a decision on whether the defendant will be released on bail based on the advice of the defense lawyer." Do Kwon and former Terra executive Han Chang-joon will attend the next hearing on June 16th. As previously reported by BlockBeats, Do Kwon was released on bail of 400,000 euros on May 12th and was awaiting trial, but on May 24th, the Podgorica Higher Court in Montenegro revoked the decision to grant bail to Do Kwon.

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