Do Kwon found guilty in Montenegro fake passport case
Quick Take
- Do Kwon has been found guilty by a court in Montenegro of using a fake passport in an attempt to leave the country in March.
- He was sentenced to four months in jail.
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.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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James Hunt is a reporter at The Block and writer of The Daily newsletter, keeping you up to speed on the latest crypto news every weekday. Prior to joining The Block in 2022, James spent four years as a freelance writer in the industry, contributing to both publications and crypto project content. James’ coverage spans everything from Bitcoin and Ethereum to Layer 2 scaling solutions, avant-garde DeFi protocols, evolving DAO governance structures, trending NFTs and memecoins, regulatory landscapes, crypto company deals and the latest market updates. You can get in touch with James on Telegram or 𝕏 via @humanjets or email him at [email protected].
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