Terraform’s Kwon Pleads Not Guilty to Fake Passport Charges (1)

Crypto entrepreneur Do Kwon pleaded not guilty in a court in Montenegro, where he was detained on an international warrant and charged by local authorities with using forged travel documents.

The Terraform Labs co-founder and its former chief financial officer, Han Chang-joon, who also pleaded not guilty, were caught at the airport in Montenegro’s capital Podgorica in March when they tried to board a private jet to fly to Dubai after months as fugitives.

The men’s first hearing at the city’s Basic Court on Thursday comes almost exactly a year after the implosionof TerraUSD, an algorithmic stablecoin, sparked a ...