Terra founder Conclude Kwon denied forging documents in a trial held at the Podgorica District Court on Friday, South Korean media Segye Ilbo reported.

“I stuffed out the total documents and bought a Costa Rican passport thru an company in Singapore counseled by a buddy,” Kwon counseled the Establish at the listening to.

When pressed for particulars on the company that issued the passport, Kwon mentioned the company’s title used to be in Chinese and he would possibly per chance per chance well no longer “endure in mind precisely.” Nonetheless, he claimed to have faith been unaware that the jog narrative used to be with out a doubt faux.

“I traveled in the future of the realm with a Costa Rican passport. If I had suspected it used to be a faux passport, I build no longer need traveled to many international locations,” he mentioned.

Kwon testified alongside his colleague Han Chong-Joon, the used chief financial officer of Terraform Labs. The 2 were arrested in March at Podgorica airport after attempting to board a aircraft to Dubai the utilization of falsified jog documents.

Though the pair have faith been released on bail, they’ve been ordered to remain in custody until the Montenegro court processes extradition requests for Kwon from every South Korea and the U.S.

Kwon has also been accused of making financial contributions to Montenegro’s top candidate for high minister Milojko Spajić, though the latter has denied any affiliation with the used Terra CEO.

Montenegro’s Interior Minister Filip Adžić claims that the notebook computer that authorities seized from Kwon bears proof of the political funding, which came in at a “stage that cannot be no longer notorious.”