Montenegro prosecutors have appealed the court's decision to release Do Kwon, co-founder of Terraform Labs, on a $440,000 bail. Kwon was arrested in March in Montenegro after allegedly being on the run for several months.
He is accused of being involved in the collapse of LUNA/UST, which caused significant investor losses. Kwon's possible release could spark debates among the crypto community, as both South Korea and the US have requested his extradition to face justice for his alleged fraudulent actions.
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