Terraform Labs co-founder and CEO Do Quon was sentenced to four months in prison by a Montenegro court, according to reports on June 19. statement.

A court found Kwon and his colleague Han Chang-jun guilty of using forged travel documents in an attempt to board a private jet to Dubai in March.

Kwon and Jang Jun had previously pleaded not guilty, claiming the passports they tried to use were genuine.

The court said in an official statement that the sentence would include the time Kwon and his colleagues spent in detention.

Meanwhile, the court ordered the confiscation of two Costa Rican passports, two Belgian passports and two identification cards.

The story was first reported by DL News.

Authorities in South Korea and the United States have filed criminal charges against Kwon over his role in the collapse of Terra’s algorithmic stablecoin UST.

The post that Terra’s Do Quon was sentenced to four months in prison in Montenegro first appeared on CryptoSlate.

By Jules

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