The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and Terra executive Han Chang-Joon.

Terraform Labs founder Do Kwon has been sentenced to four months in jail by a Montenegro court after being found guilty of document forgery.

On Monday, a Basic Court in Podgorica, the nation’s capital, announced the verdict and added that the time spent in custody would be counted toward the punishment.

The South Korean native and another Terra official, Han Chang-Joon, were both detained in the Balkan country back in March for allegedly possessing forged passports. Despite the fact that bail was granted last week after a second attempt by local courts, the two have remained in detention since their arrest.

By the same verdict, two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and Han were also confiscated, the court said.

Before being apprehended in Montenegro, Kwon insisted he was “not on the run,” despite the fact that South Korean officials had launched an international manhunt for him and had even asked Interpol for a red alert. Authorities in South Korea and the United States have asked for his extradition to face charges in connection with the demise of the multibillion-dollar cryptocurrency company Terra in May 2022.

A High Court in Podgorica earlier confirmed to CoinDesk that Kwon will remain in “extradition custody” for six months while South Korea’s request is under consideration