Terraform Labs' Do Kwon Gets Prison Sentence in Montenegro for Fake Passport Use

Terraform Labs founder Do Kwon has been sentenced to four months in jail in Montenegro after being found guilty of using a counterfeit Costa Rican passport.

Kwon's former colleague and CFO, Han Chong-joon, received an identical sentence, considering their time in detention.

Kwon claims he received the alleged forged passports from third-party agencies and had been using his Costa Rican passport for years, unaware of its inauthenticity.

Summary

Terraform Labs founder, Do Kwon, faces a four-month prison term in Montenegro for utilizing a counterfeit Costa Rican passport. Both Kwon and his former CFO, Han Chong-joon, were charged and received the same sentence, considering the duration spent in detention. Kwon, in his defense, asserted that he was oblivious to the passport's alleged forgery, claiming he received it from third-party agencies and had been using it for years without suspicion. The case raised questions about the authenticity of Kwon's travel documentation and his alleged financial contributions to Montenegro's former finance minister.