Do Kwon has been found guilty by a court in Montenegro of using a fake Costa Rican passport in an attempt to leave the country in March.
The former co-founder and CEO of Terra Labs was sentenced to four months in jail, according to a court statement.
Do Kwon pleaded not guilty on Friday, according to local media reports. He was already being held in custody in Montenegro for six months while the courts are considering an extradition request from South Korea.
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